Why is Rategain Travel falling/rising?

As of 25-Aug, Rategain Travel Technologies Ltd is experiencing a price increase, with its current price at Rs 527.65, reflecting a rise of Rs 32.45 or 6.55%. Today's performance indicates that the stock has outperformed its sector by 4.15% and has shown a trend reversal after two consecutive days of decline. The stock reached an intraday high of Rs 555.4, marking a significant increase of 12.16%. Over the past week, the stock has gained 8.59%, and in the last month, it has risen by 18.84%. Despite a year-to-date decline of 27.12%, the company has demonstrated healthy long-term growth with net sales increasing at an annual rate of 38.41% and operating profit at 178.28%. However, it has also faced challenges, such as a flat PAT in the latest quarter and a significant underperformance compared to the broader market over the past year.
In the broader market context, Rategain's short-term performance has significantly outpaced the Sensex, which has only increased by 0.45% over the past week. The stock's recent rise can be attributed to its low debt-to-equity ratio and high institutional holdings at 29.05%, indicating confidence from larger investors. However, the stock's year-on-year return of -28.88% starkly contrasts with the Sensex's modest gain of 0.68%, highlighting ongoing concerns about its performance despite recent positive movements. The decline in investor participation, as evidenced by a 39.55% drop in delivery volume, may also suggest caution among retail investors, which could impact future price movements.