Why is Thomas Cook (I) falling/rising?

As of 23-Jul, Thomas Cook (India) Ltd is experiencing a decline in its stock price, currently at Rs 184.55, which reflects a decrease of Rs 1.7 or 0.91%. The stock has shown a mixed performance recently, with a notable increase of 11.51% over the past week and 18.64% over the past month. However, it has faced a significant drop of 26.72% over the past year. Today's trading saw the stock touch an intraday low of Rs 181.25, indicating some volatility, although it is trading above its moving averages across various time frames. Additionally, there has been a rise in investor participation, with delivery volume increasing by 44.81% compared to the five-day average. Despite these positive indicators, the stock's profits have fallen by 0% over the past year, contributing to its overall negative return.
In the broader market context, the Sensex has shown a modest increase of 0.11% over the past week and 1.01% over the past month, which contrasts with Thomas Cook's stronger short-term performance. However, the stock's year-to-date performance is lagging behind the benchmark, with a decline of 5.63% compared to the Sensex's gain of 5.87%. The company's low debt-to-equity ratio and healthy long-term growth in operating profit at an annual rate of 57.74% suggest a solid foundation, yet the stock is trading at a discount compared to its peers, which may indicate investor caution given its recent performance. Overall, while there are some positive factors supporting the stock, the recent price decline reflects ongoing concerns about its profitability and market positioning.