Why is Wonderla Holiday falling/rising?

As of 13-Nov, Wonderla Holidays Ltd is experiencing a decline in its stock price, currently at Rs. 530.25, which represents a decrease of Rs. 11.15 or 2.06%. The stock has hit a new 52-week low of Rs. 528.5 today and has been on a downward trend, losing 6.31% over the last four days. Additionally, the stock has underperformed its sector by 1.31% today and is trading below all key moving averages, indicating a bearish trend. Over the past year, the stock has generated a return of -36.95%, while its profits have fallen by 40.5%. The company has reported negative results for the last seven consecutive quarters, with a significant drop in PAT and a low inventory turnover ratio, contributing to its poor performance.
In the broader market context, Wonderla Holidays Ltd's short-term performance has been notably weaker compared to the benchmark Sensex, which has gained 1.40% over the past week. The stock's year-to-date decline of 27.57% contrasts sharply with the Sensex's increase of 8.11%, highlighting its underperformance. Despite a healthy long-term growth rate in net sales and a low debt-to-equity ratio, the stock's expensive valuation and consistent negative financial results have led to a lack of investor confidence, further exacerbating its decline in price.