Why is I R C T C falling/rising?

As of 30-Jul, Indian Railway Catering & Tourism Corporation Ltd (IRCTC) is currently priced at 736.20, reflecting a slight increase of 0.3 (0.04%). The stock has shown a positive trend recently, gaining for the last two days with a total return of 0.81%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a potential weakness in its price momentum. Despite outperforming its sector by 0.99% today, the stock has experienced a decline of 5.77% over the past month and a significant drop of 25.59% over the last year. The company benefits from high management efficiency, a low debt-to-equity ratio, and substantial institutional holdings, which could support its valuation. However, concerns about poor long-term growth and a high Price to Book Value ratio suggest that the stock may be overvalued relative to its earnings growth.
In the broader market context, IRCTC's recent performance contrasts with the benchmark Sensex, which has declined by 1.50% over the past week and 2.54% over the past month. While IRCTC has outperformed the sector today, its year-to-date performance is notably poor, with a decline of 6.42% compared to the Sensex's gain of 4.28%. This underperformance over various time frames, coupled with a flat operating profit growth and a high PEG ratio, indicates that investor sentiment may be cautious, contributing to the stock's volatility and recent price movements.