Why is Rategain Travel falling/rising?

As of 08-Aug, Rategain Travel Technologies Ltd is experiencing a price increase, currently at Rs 473.70, which reflects a rise of Rs 32.95 or 7.48%. The stock has shown strong performance today, outperforming its sector by 8.28% and achieving a consecutive gain over the last two days with a total return of 10.74%. It reached an intraday high of Rs 490.4, indicating significant upward momentum. Additionally, the stock has outperformed the benchmark Sensex over the past week, with a return of +9.39% compared to the Sensex's -0.92%. The recent increase in delivery volume by 521.47% against the 5-day average suggests rising investor participation, which is a positive factor contributing to the stock's upward movement.
In the broader market context, while Rategain has shown a positive short-term return, its year-to-date performance remains negative at -34.57%, contrasting with the Sensex's modest gain of +2.20%. Over the past month, Rategain's return of +1.14% also stands in stark contrast to the Sensex's decline of -4.60%. This indicates that while the stock is currently gaining, it has faced significant challenges over a longer time frame. The liquidity of the stock, being sufficient for trades of Rs 0.49 crore, further supports its recent price movements, although the absence of specific positive or negative factors limits a comprehensive analysis of the underlying reasons for the stock's recent performance.