Why is Ecos (India) falling/rising?

As of 01-Aug, Ecos (India) Mobility & Hospitality Ltd is experiencing a decline in its stock price, currently at Rs 298.30, which reflects a decrease of Rs 8.85 or 2.88%. The stock has been on a downward trend, having fallen for the last three consecutive days, resulting in a total decline of 6.21% during this period. Today's trading saw the stock reach an intraday high of Rs 317.55 but also dip to a low of Rs 295.1. Despite outperforming its sector by 1.91%, the stock's performance over the past week shows a decline of 8.07%, while its monthly return is down by 5.62%. The company has demonstrated strong management efficiency and growth potential, with a high return on equity (ROE) of 30.73% and significant increases in net sales and operating profit. However, the stock's recent performance is overshadowed by a notable decrease in investor participation, with delivery volume dropping by 63.3% against the five-day average.
In the broader market context, the stock's short-term performance has been significantly worse than the benchmark, with the Sensex declining only 1.06% over the past week. This stark contrast highlights the challenges faced by Ecos (India), particularly in light of the broader travel services sector, which has also seen a decline of 4.95%. While the company has a solid financial foundation with low debt and impressive growth metrics, the recent negative sentiment and falling investor participation may be contributing to the stock's current downward trajectory.