Why is Ecos (India) falling/rising?

As of 02-Jul, Ecos (India) Mobility & Hospitality Ltd is experiencing a decline in its stock price, currently at Rs 306.50, which reflects a decrease of Rs 9.55 or 3.02%. Today's price summary indicates that the stock has underperformed its sector by 0.81% and has fallen after two consecutive days of gains. The stock reached an intraday high of Rs 323.6 but also touched a low of Rs 304.75. Despite this decline, the stock has shown positive performance over the past month with an increase of 8.69%, while year-to-date returns stand at 8.98%. The company benefits from high management efficiency, a low debt-to-equity ratio, and strong long-term growth metrics, including a significant annual growth rate in net sales and operating profit. However, it is noteworthy that the stock's profits have fallen by 5% over the past year, which may contribute to the current price movement.
In the broader market context, the stock's short-term performance aligns with the benchmark Sensex, which has also increased by 0.79% over the past week. However, the travel services sector, in which Ecos operates, has seen a decline of 2.2%, indicating sector-specific challenges that may be affecting investor sentiment. The rising investor participation, evidenced by a 23.17% increase in delivery volume, suggests that there is still interest in the stock despite its recent price drop. Overall, while the stock has shown resilience in terms of long-term growth and efficiency, the recent price decline may be influenced by sector performance and profit reductions.