Why is Rategain Travel falling/rising?

As of 23-Sep, Rategain Travel Technologies Ltd is experiencing a price increase, currently at 664.80, which reflects a rise of 6.35 or 0.96%. The stock has shown strong performance recently, outperforming its sector by 1.55% today and achieving a consecutive gain over the last three days with a total increase of 4.36% during this period. Additionally, the stock has performed well over the past week with a return of +3.65%, and over the past month, it has surged by +34.25%. The company benefits from a low debt-to-equity ratio and impressive growth in net sales and operating profit, which likely contributes to positive investor sentiment and supports the stock's upward movement.
In the broader market context, while Rategain's recent performance has been strong, the benchmark index, Sensex, has seen a slight decline of -0.34% over the past week. This contrast highlights Rategain's resilience and strength relative to the overall market. Furthermore, the stock's liquidity is favorable, with a significant increase in delivery volume, indicating heightened investor interest. The high institutional holdings at 29.05% suggest that knowledgeable investors are backing the stock, which may further bolster confidence among retail investors.