Why is Rategain Travel falling/rising?

As of 18-Aug, Rategain Travel Technologies Ltd is experiencing a decline in its stock price, currently at 485.90, which reflects a decrease of 0.95 or 0.2%. The stock has been underperforming recently, having fallen for the last three days with a total decline of 0.96% during this period. Although the stock outperformed its sector by 0.25% today, it has shown mixed performance over different time frames, with a 1-week return of +2.59% and a 1-month return of +4.40%. However, its year-to-date performance remains significantly negative at -32.89%. The company has a low debt-to-equity ratio and has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 38.41% and operating profit rising by 178.28%. Despite these positives, the stock's recent performance has been hindered by a flat quarterly result and a significant decline in investor participation, as evidenced by an 82.13% drop in delivery volume compared to the 5-day average.
Broader Market Context: In comparison to the benchmark, the Sensex has shown a positive return of 0.83% over the past week, while Rategain's stock has increased by 2.59% in the same period, indicating a relative outperformance. However, over the last year, Rategain has significantly underperformed the broader market, with a return of -34.26% compared to the Sensex's modest gain of 1.04%. This stark contrast highlights the challenges Rategain faces in regaining investor confidence, especially given its recent flat quarterly results and lower operating profit margins. The high institutional holdings at 29.05% suggest that informed investors are closely monitoring the company's fundamentals, which may influence future stock movements.