Why is Rategain Travel falling/rising?

As of 05-Sep, Rategain Travel Technologies Ltd is experiencing a price increase, currently at 617.10, reflecting a rise of 11.6 or 1.92%. The stock has shown strong performance recently, gaining 20.74% over the past week and outperforming its sector by 3.13% today. It has been on a consecutive gain streak for the last five days, with an intraday high of Rs 623. Additionally, the stock is trading above its moving averages across various time frames, indicating positive momentum. The company benefits from a low debt-to-equity ratio and healthy long-term growth, with net sales increasing at an annual rate of 38.41% and operating profit rising significantly. However, there are concerns regarding flat quarterly results and an expensive valuation relative to its peers, which could temper investor enthusiasm.
In the broader market context, Rategain's recent performance stands in stark contrast to the benchmark, as it has achieved a return of 20.74% over the past week while the Sensex only increased by 1.13%. Despite a year-to-date decline of 14.77%, the stock's short-term gains suggest a recovery phase, particularly as it has outperformed the market over the last month with a 40.38% increase compared to no change in the benchmark. This divergence highlights the stock's potential for recovery, even as it has underperformed over the longer term, indicating that investor sentiment may be shifting positively in response to recent developments.