Why is I R C T C falling/rising?

As of 13-Aug, Indian Railway Catering & Tourism Corporation Ltd (IRCTC) is experiencing a price increase, currently at 727.55 with a change of 6.9, representing a rise of 0.96%. Despite this positive movement today, the stock has shown a decline of 6.03% over the past month and a significant drop of 20.77% over the last year. The stock's performance today has outperformed its sector by 0.83%, although it remains below its 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a noticeable decrease in investor participation, with delivery volume falling by 44.58% compared to the 5-day average. The company boasts a high management efficiency with a return on equity (ROE) of 35.32% and a low debt-to-equity ratio, which are positive indicators, yet the stock is perceived as expensive with a high price-to-book value ratio.
Broader market context shows that while IRCTC has outperformed its sector today, it has underperformed the benchmark Sensex over the past week, month, and year. The Sensex has only declined by 0.01% in the last week and has gained 3.07% year-to-date, contrasting with IRCTC's negative returns. This underperformance is compounded by the company's flat results reported in June and a poor long-term growth outlook, with operating profit growth at only 19.16% over the past five years. Despite its significant market capitalization and institutional holdings, the stock's long-term performance has raised concerns, reflected in its negative returns and high PEG ratio, indicating that investors may be cautious about its future growth potential.