Why is Wise Travel falling/rising?

As of 22-Sep, Wise Travel India Ltd is experiencing a decline in its stock price, currently at 165.00, which represents a decrease of 6.05 or 3.54%. The stock has underperformed its sector by 1.59% today, and its delivery volume has significantly decreased by 77.01% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has declined by 2.94%, and it has seen a substantial drop of 40.89% over the past year, contrasting sharply with the Sensex, which has only decreased by 2.28% during the same period. The stock is currently trading higher than its 100-day and 200-day moving averages but lower than its 5-day, 20-day, and 50-day moving averages, suggesting mixed signals regarding its recent performance.
In the broader market context, Wise Travel's short-term performance has been notably weaker than the benchmark, as it has declined while the Sensex has gained 0.53% over the past week. This underperformance is indicative of broader challenges faced by the company, particularly in light of its significant year-over-year decline and the lack of positive factors to counterbalance these trends. The liquidity of the stock remains adequate for trading, but the sharp drop in delivery volume suggests a lack of confidence among investors, further contributing to the stock's downward trajectory.