Why is Intl. Travel Hse falling/rising?

As of 13-Aug, International Travel House Ltd's stock price is currently at 451.50, reflecting an increase of 8.0, or 1.8%. The stock has shown a trend reversal, gaining after four consecutive days of decline, and has outperformed its sector by 1.67% today. Despite this positive movement, the stock has underperformed over the past week and month, with returns of -3.65% and -9.87%, respectively. The stock is trading below its moving averages across various time frames, indicating a potential struggle in maintaining upward momentum. However, the company has a low debt-to-equity ratio and an attractive valuation with a return on equity of 16.5%, which may support investor confidence despite its recent poor performance.
Broader market context shows that while the stock has faced significant challenges, including a year-to-date decline of -33.99%, the broader market, represented by the Sensex, has gained 3.07% in the same period. This stark contrast highlights the stock's struggles relative to the market. Additionally, the stock's performance over the last year has been notably poor, with a return of -26.06%, significantly underperforming the market's negative return of -0.64%. This underperformance, coupled with flat results in June and slow long-term growth in net sales, suggests that while there may be short-term gains, the overall outlook remains cautious.