Why is Rategain Travel falling/rising?

As of 18-Sep, Rategain Travel Technologies Ltd is experiencing a decline in its stock price, currently at 637.05, reflecting a decrease of 2.75 points or 0.43%. The stock has underperformed its sector by 1.13% today and has been on a downward trend for the last two days, accumulating a total loss of 0.68%. Over the past week, the stock has shown minimal movement with a slight increase of 0.01%, but it has significantly outperformed the market over the last month with a return of 31.11%. However, its year-to-date performance remains negative at -12.01%, and it has also underperformed over the past year with a decline of 15.95%. The company has a low debt-to-equity ratio and strong long-term growth indicators, but recent financial results have shown a decline in profitability, which may be contributing to the stock's current downward movement.
In the broader market context, while the Sensex has increased by 1.80% over the past week, Rategain's performance has lagged behind, indicating a relative weakness in the stock compared to the overall market. The stock's liquidity appears adequate, but a significant drop in delivery volume suggests a decrease in investor participation, which could further pressure the stock price. The company's recent flat quarterly results, including a decline in profit after tax and operating profit margins, have raised concerns about its valuation, which is perceived as expensive relative to its peers. This combination of underperformance against the market, declining investor interest, and disappointing financial results likely explains the current downward trend in Rategain's stock price.