Why is I R C T C falling/rising?

As of 14-Aug, Indian Railway Catering & Tourism Corporation Ltd (IRCTC) is experiencing a decline in its stock price, currently at 725.10, reflecting a change of -2.45 (-0.34%). The stock has underperformed its sector by 1.1% today and is trading higher than its 5-day moving averages but lower than its 20, 50, 100, and 200-day moving averages. Additionally, there has been a decrease in investor participation, with delivery volume falling by 0.82% against the 5-day average. Over the past week, the stock has seen a return of -0.28%, and it has significantly underperformed in the longer term, with a -20.30% return over the past year compared to a +1.89% return for the Sensex.
In the broader market context, the stock's recent performance is notably weaker than the benchmark, as it has underperformed the BSE500 over various time frames, including the last three years and one year. While IRCTC has strong long-term fundamentals, such as a high return on equity and low debt-to-equity ratio, its valuation appears expensive with a Price to Book Value of 15.8. The stock's recent flat results and a high PEG ratio of 4.7 indicate that despite a profit increase of 9.5%, the market sentiment remains cautious, contributing to the stock's decline.