Why is Yatra Online falling/rising?

As of 05-Aug, Yatra Online Ltd is experiencing a decline in its stock price, currently at Rs 98.70, which reflects a decrease of Rs 3.18 or 3.12%. Despite this drop, the stock has shown positive performance over the past week and month, with returns of +7.38% and +18.77%, respectively. However, today's trading indicates a trend reversal as the stock has fallen after two consecutive days of gains, touching an intraday low of Rs 97.77. The stock is trading above its moving averages, indicating some underlying strength, but the travel services sector has seen a decline of -3.4%, which may be impacting investor sentiment. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 75.57% against the five-day average, suggesting that while the stock is currently down, there is still interest from investors.
In the broader market context, Yatra Online's performance contrasts with the benchmark Sensex, which has decreased by -0.77% over the past week. This indicates that Yatra Online has outperformed the market in the short term, despite its current price drop. Year-to-date, the stock is down -14.62%, while the Sensex has gained +3.29%, highlighting a significant divergence in performance. Overall, while Yatra Online is facing a short-term decline, its recent positive returns and increased trading activity suggest that investor interest remains, even amidst broader sector challenges.