Why is Wise Travel falling/rising?

As of 21-Jul, Wise Travel India Ltd is experiencing a price increase, with its current price at 170.00, reflecting a rise of 5.5 or 3.34%. The stock has shown strong performance recently, with a 14.71% increase over the past week and a 21.39% increase over the past month, significantly outperforming the Sensex, which has only seen a 0.03% increase in the same week and a slight decline of 0.09% over the month. Additionally, today the stock outperformed its sector by 4.09%, and there has been a notable increase in investor participation, with delivery volume rising by 436.7% compared to the 5-day average. However, the stock's year-to-date performance is relatively modest at 3.06%, and it has a significant decline of 38.22% over the past year, indicating volatility in its longer-term performance.
In the broader market context, Wise Travel's recent short-term returns have been markedly better than the benchmark, as evidenced by its 14.71% gain over the past week compared to the Sensex's minimal increase. This disparity suggests that investor sentiment towards Wise Travel is currently more favorable than the overall market. The stock's liquidity is also sufficient for trading, as it is based on 2% of the 5-day average traded value, indicating that it can accommodate trades of Rs 0.01 crore without significant issues. Overall, while the stock has shown positive short-term movements, its long-term performance remains a concern, reflecting a mixed outlook in the context of broader market trends.