Why is Ecos (India) falling/rising?

As of 25-Jul, Ecos (India) Mobility & Hospitality Ltd is experiencing a decline in its stock price, currently at Rs 324.50, which reflects a decrease of Rs 15.5 or 4.56%. The stock has underperformed its sector by 1.17% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 8.11%. The stock reached an intraday low of Rs 319.85, and trading volume has decreased significantly, with delivery volume falling by 41.14% compared to the 5-day average. Despite showing positive long-term growth indicators, such as a high return on equity and significant increases in net sales and operating profit, the stock's recent performance has been negatively impacted by its expensive valuation and a slight decline in profits over the past year.
In the broader market context, the stock has shown a positive return of 1.26% over the past week and 6.71% over the past month, while the benchmark Sensex has declined by 0.36% and 1.56%, respectively. This indicates that, despite the current downturn, Ecos (India) has been performing better than the market in the short term. However, the recent price drop and underperformance against its sector may reflect broader concerns about investor participation and market sentiment within the travel services sector, which has fallen by 3.39%. Overall, while the company has strong fundamentals, the current market dynamics and recent performance trends are contributing to the stock's decline.