Why is Yatra Online falling/rising?

As of 02-Jul, Yatra Online Ltd is experiencing a decline in its stock price, currently at 84.90, reflecting a decrease of 0.56, or 0.66%. The stock has been on a downward trend, having lost 1.38% over the last three days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite outperforming its sector by 1.55% today, the stock has shown poor performance over the past week, month, and year, with returns of -1.77%, -15.82%, and -33.80%, respectively. While the company has reported strong growth in net profit and positive results for the last three consecutive quarters, it also faces significant challenges, including weak long-term fundamental strength and a low return on equity, which may contribute to investor concerns and the stock's recent decline.
In the broader market context, Yatra Online's performance has lagged behind the benchmark, with the Sensex gaining 0.79% over the past week while Yatra's stock fell by 1.77%. The travel services sector has also seen a decline of 2.2%, indicating a challenging environment for companies in this space. Although there has been a rise in investor participation, as evidenced by a 58.43% increase in delivery volume, the overall sentiment appears to be cautious due to the company's weak operating profit growth and high valuation metrics. This combination of factors suggests that while there are some positive indicators, the prevailing trends and investor sentiment are leading to a downward movement in Yatra Online's stock price.