Why is Wise Travel falling/rising?

As of 08-Aug, Wise Travel India Ltd is experiencing a decline in its stock price, currently at 173.30, reflecting a decrease of 4.25 points or 2.39%. The stock has underperformed its sector by 1.87% today, and the delivery volume has significantly decreased by 55.13% compared to the 5-day average, indicating a drop in investor participation. While the stock is currently above its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages. Over the past week, the stock has decreased by 3.83%, contrasting with a 0.82% decline in the Sensex, and it has shown a year-to-date increase of 5.06%, outperforming the benchmark's 3.04% gain.
In the broader market context, Wise Travel's recent performance indicates a struggle relative to the benchmark, particularly in the short term, where it has underperformed over the past week. The stock's year-on-year performance shows a significant decline of 35.03%, while the Sensex has only increased by 1.02% during the same period. This stark contrast highlights the challenges faced by Wise Travel in maintaining investor confidence and market interest, especially given the falling delivery volumes and the lack of available positive factors to bolster its performance.