Why is Thomas Cook (I) falling/rising?

As of 25-Aug, Thomas Cook (India) Ltd is experiencing a price increase, currently at Rs 176.00, reflecting a rise of Rs 3.9 or 2.27%. The stock has shown a strong performance over the past week, gaining 8.27%, while it has underperformed its sector by 0.36% today. The stock reached an intraday high of Rs 178, indicating positive momentum. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bullish trend. However, despite the recent gains, the stock has a year-to-date decline of 10.00% and a one-year decline of 17.80%, indicating that it has faced challenges over a longer period. The company's low debt-to-equity ratio and healthy long-term growth in operating profit, along with a fair valuation compared to peers, contribute positively to investor sentiment.
Broader market context shows that while Thomas Cook's short-term performance has been strong, the benchmark Sensex has only increased by 0.45% over the past week, indicating that the stock is outperforming the broader market in this timeframe. The travel services sector has also gained by 2.64%, reflecting a favorable environment for the industry. However, a notable decline in investor participation, with delivery volume falling by 30.28% against the 5-day average, raises concerns about liquidity and sustained interest in the stock. Overall, while there are positive indicators for Thomas Cook (I), the mixed performance over longer periods and reduced investor activity suggest caution moving forward.