Why is Growington Vent falling/rising?

As of 02-Jul, Growington Ventures India Ltd is currently priced at 1.83, reflecting a decrease of 0.03, or 1.61%. The stock has been on a downward trend, having fallen consecutively for the last eight days, resulting in a total decline of 12.86% during this period. In terms of performance against benchmarks, the stock has underperformed significantly, with a one-week return of -7.58% compared to a positive return of +0.79% for the Sensex. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish sentiment. Despite reporting healthy long-term growth with a 119.10% annual increase in net sales and positive results in the last two quarters, the stock's valuation remains high, contributing to its recent price decline.
Broader market context shows that while the overall market has been performing well, with the Sensex gaining 2.50% over the past month and 6.75% year-to-date, Growington Ventures has struggled, posting a year-to-date decline of 24.62%. This stark contrast highlights the stock's significant underperformance, particularly as it has generated a negative return of -40.58% over the past year, while the broader market has seen modest gains. The travel services sector, in which the company operates, has also faced a downturn, falling by 2.21%, further contributing to the negative sentiment surrounding Growington Ventures.