Why is Rategain Travel falling/rising?

As of 24-Sep, Rategain Travel Technologies Ltd is experiencing a decline in its stock price, currently at 658.35, which represents a decrease of 7.05 or 1.06%. The stock has underperformed its sector by 0.4% today and has seen a trend reversal after three consecutive days of gains. Despite touching an intraday high of Rs 682 earlier in the day, the stock's performance over the past week shows a gain of 2.90%, while its one-month return is significantly higher at 32.95%. However, the stock is down 9.07% year-to-date and 10.42% over the past year. The company maintains a low debt-to-equity ratio and has shown healthy long-term growth, with net sales increasing at an annual rate of 38.41% and operating profit growing at 178.28%. Additionally, high institutional holdings at 29.05% suggest confidence in the company's fundamentals, although recent falling investor participation, with a 9.26% drop in delivery volume, may be contributing to the current price decline.
Broader Market Context: In comparison to the benchmark Sensex, which has declined by 1.18% over the past week, Rategain's performance is relatively strong, indicating that the stock is holding up better than the broader market in the short term. However, the overall market context shows that while Rategain has outperformed the benchmark recently, its year-to-date performance is lagging behind the Sensex, which has gained 4.58%. This contrast highlights that despite recent positive movements, the stock's overall trajectory remains challenged, particularly in the longer term, where it has underperformed against the benchmark over the past year.