Why is Thomas Cook (I) falling/rising?

As of 26-Sep, Thomas Cook (India) Ltd's stock price is currently at 163.05, reflecting a decrease of 3.5, or 2.1%. The stock has been experiencing a downward trend, having fallen for the last two consecutive days with a total decline of 2.22% during this period. The stock touched an intraday low of Rs 160.9 and has shown lower trading volumes, with delivery volume dropping by 69.33% compared to the 5-day average. Over the past year, the stock has underperformed significantly, with a return of -20.21%, while its profits have also decreased by 2.2%. Despite having a low debt-to-equity ratio and healthy long-term growth in operating profit, the stock's performance has been negatively impacted by flat results and a high proportion of non-operating income.
Broader market context indicates that the stock's short-term performance has lagged behind the benchmark, with a 1-week return of -5.23% compared to the Sensex's -2.66%. This underperformance is further highlighted by the stock's year-to-date decline of -16.62%, while the Sensex has gained 2.93%. The travel services sector, in which Thomas Cook operates, has also seen a decline of 2.1%, contributing to the overall negative sentiment surrounding the stock. The combination of these factors, including falling investor participation and the stock trading at a discount to its peers, suggests a challenging environment for Thomas Cook (India) Ltd, leading to its current price decline.