Why is Yatra Online falling/rising?

As of 22-Aug, Yatra Online Ltd's stock is currently priced at 152.16, reflecting a decrease of 5.86 points or 3.71%. Today's price summary indicates that the stock has underperformed its sector by 2.86% and has experienced a trend reversal after four consecutive days of gains, touching an intraday low of Rs 150.01. Despite this decline, the stock has shown strong performance over the past week with a return of 7.34% and an impressive 71.25% increase over the last month. However, the recent drop may be attributed to falling investor participation, as delivery volume has decreased by 32.32% compared to the five-day average. While the company boasts a low debt-to-equity ratio and has reported outstanding results over the last four quarters, its low return on equity of 2.33% and high valuation metrics may be contributing to investor concerns.
In the broader market context, Yatra Online's short-term performance has outpaced the benchmark Sensex, which has only gained 0.88% over the past week. However, the stock's recent decline comes amidst a backdrop of a negative return of -2.49% in the broader market over the last year, while Yatra has managed to achieve a return of 15.05%. This suggests that while the company has been able to outperform the market in the long term, the current price movement may reflect a correction after a period of strong gains, compounded by concerns regarding management efficiency and valuation.