Why is Thomas Cook (I) falling/rising?

As of 13-Oct, Thomas Cook (India) Ltd's stock price is currently at 160.05, reflecting an increase of 7.25, or 4.74%. The stock has been gaining momentum, with a consecutive gain over the last two days, resulting in a total return of 5.99% during this period. The stock reached an intraday high of Rs 161.75, and despite trading below some moving averages, it remains higher than the 5-day and 200-day moving averages. The company has a low debt-to-equity ratio and has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 26.45%. However, it has faced challenges, as evidenced by a -16.27% return over the past year, alongside a -2.2% decline in profits.
In the broader market context, Thomas Cook's short-term performance of +2.17% over the past week outpaces the Sensex, which has only gained +0.66% during the same period. This indicates that the stock is performing relatively well compared to the benchmark. Additionally, the travel services sector has seen a rise of 4.66%, contributing to the positive sentiment around Thomas Cook. The increase in investor participation, with a significant rise in delivery volume, suggests growing interest in the stock, further supporting its recent upward movement.