Why is Thomas Cook (I) falling/rising?

As of 13-Jun, Thomas Cook (India) Ltd's stock price is currently at Rs 161.00, reflecting a decline of Rs 2.9 or 1.77%. The stock has been underperforming recently, having fallen for three consecutive days with a total decline of 6.5%. Today, it opened with a loss of 2.99% and reached an intraday low of Rs 157.9. In terms of returns, the stock has decreased by 5.24% over the past week and has generated a negative return of 25.55% over the last year, significantly underperforming the benchmark Sensex, which has gained 3.81% year-to-date. The company's low debt-to-equity ratio and healthy long-term growth in operating profit are overshadowed by recent flat results and a significant drop in profit before tax, which has fallen by 33.7% compared to the previous quarter's average. Additionally, there has been a decrease in institutional investor participation, which may indicate a lack of confidence in the stock's future performance.
Broader market context shows that while the Sensex has only declined by 1.30% over the past week, Thomas Cook's performance has been notably worse, highlighting its struggles in the current market environment. The stock's recent performance is further compounded by a decrease in delivery volume, which fell by 17.71% against the five-day average, suggesting reduced investor interest. Overall, the combination of disappointing financial results, declining institutional investment, and a significant underperformance relative to the broader market has contributed to the stock's downward trend.