Why is I T D C falling/rising?

As of 17-Sep, India Tourism Development Corporation Ltd's stock price is currently at 630.00, reflecting a decrease of 8.2, or 1.28%. The stock has underperformed its sector today by 1.44%, and while it is trading higher than its 20, 50, 100, and 200-day moving averages, it is lower than its 5-day moving average. The stock has seen a significant drop in investor participation, with delivery volume falling by 76.86% compared to the 5-day average. Over the past week, the stock has declined by 3.69%, while it has shown a positive return of 17.24% over the past month. However, its year-to-date return stands at 1.74%, and it has experienced a decline of 8.61% over the past year. The company's low debt-to-equity ratio and healthy long-term growth in operating profit are positive factors, but recent flat results and a significant drop in cash and cash equivalents raise concerns.
In the broader market context, the Sensex has increased by 1.56% over the past week, contrasting with the stock's decline. This underperformance may indicate that investors are reacting to the company's flat quarterly results, which included a 16.1% fall in profit after tax and a high proportion of non-operating income relative to profit before tax. Additionally, the stock's valuation appears expensive with a price-to-book value of 14.9, and the lack of domestic mutual fund investment may suggest a lack of confidence at current price levels. Despite the stock trading at a discount compared to its peers' historical valuations, the overall sentiment appears cautious, contributing to the recent decline in its price.