Why is Thomas Cook (I) falling/rising?

As of 09-Oct, Thomas Cook (India) Ltd is experiencing a decline in its stock price, currently at Rs 151.95, which represents a decrease of 3.1 or 2.0%. The stock has been on a downward trend, having fallen for the last two consecutive days with a total return of -3.46% during this period. It has also underperformed significantly over the past week and month, with returns of -4.52% and -13.69%, respectively. Additionally, the stock is trading below its moving averages across various timeframes, indicating a bearish trend. The delivery volume has decreased by 48.39% compared to the five-day average, suggesting a drop in investor participation. While the company has a low debt-to-equity ratio and healthy long-term growth in operating profit, its profits have declined by 2.2% over the past year, contributing to the negative sentiment surrounding the stock.
Broader market context shows that Thomas Cook (India) Ltd has underperformed the benchmark index, the Sensex, which has gained 1.47% over the past week and 1.32% over the past month. In contrast, the stock has seen a year-to-date decline of 22.30%, while the Sensex has increased by 5.16% during the same period. This stark contrast highlights the stock's struggles relative to the broader market, exacerbated by flat results in June and a significant portion of profit coming from non-operating income. Overall, the combination of declining investor interest, poor short-term performance, and a lack of operational growth has led to the stock's current downward trajectory.