Why is Rategain Travel falling/rising?

As of 05-Jun, Rategain Travel Technologies Ltd is experiencing a decline in its stock price, currently at Rs 447.80, which reflects a decrease of Rs 9.2 or 2.01%. Today's performance indicates that the stock has underperformed its sector by 2.36%, with an intraday low of Rs 445.3, marking a drop of 2.56%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Despite a healthy long-term growth trajectory with net sales increasing at an annual rate of 43.21% and consistent positive results over the last 12 quarters, the stock has generated a return of -35.72% over the past year. This decline occurs even as profits have risen by 43.7%, indicating a significant disconnect between stock performance and company fundamentals.
In the broader market context, Rategain's short-term performance over the past week shows a decline of 0.26%, slightly worse than the benchmark Sensex, which fell by 0.23%. The stock's long-term performance is also concerning, as it has underperformed the BSE 500 over the last three years, one year, and three months. While the company boasts a low debt-to-equity ratio and high institutional holdings at 30.6%, the technical indicators suggest a mildly bearish outlook, with the KST being bearish since June 4, 2025. This combination of technical weakness and underperformance relative to the market likely contributes to the ongoing decline in Rategain's stock price.