Why is I R C T C falling/rising?

As of 05-Aug, Indian Railway Catering & Tourism Corporation Ltd (IRCTC) is experiencing a decline in its stock price, currently at 725.95, down by 3.55 points or 0.49%. Today's price summary indicates that the stock has outperformed its sector by 3.68%, despite trading below its moving averages across various time frames. Over the past week, the stock has decreased by 1.35%, and it has shown a significant decline of 21.53% over the past year. While the company boasts high management efficiency with a return on equity (ROE) of 35.32% and a low debt-to-equity ratio, it faces challenges such as poor long-term growth and a high valuation compared to its peers, which may contribute to the downward pressure on its stock price.
In the broader market context, IRCTC's recent performance contrasts with the benchmark Sensex, which has seen a smaller decline of 0.77% over the past week. The travel services sector, in which IRCTC operates, has also fallen by 3.44%, indicating a challenging environment for stocks in this space. Additionally, a decrease in investor participation, with delivery volume falling by 15.32% against the five-day average, suggests waning interest among investors. This combination of factors, including underperformance relative to the broader market and sector, contributes to the stock's current downward trend.