Why is Yatra Online falling/rising?

As of 25-Aug, Yatra Online Ltd's stock is currently priced at Rs 145.96, reflecting a decline of Rs 6.2 or 4.07%. The stock has underperformed its sector today by 6.7%, continuing a downward trend with a consecutive fall over the last two days, resulting in a total decline of 7.63%. The stock touched an intraday low of Rs 144.1 and has shown high volatility with an intraday fluctuation of 5.35%. Despite a strong performance over the past month with a 55.48% increase, the stock's recent movement is influenced by poor management efficiency indicated by a low return on equity of 2.33%, and a relatively high price-to-book ratio of 2.9, suggesting that it may be overvalued compared to its peers. Additionally, a significant drop in delivery volume by 38.15% against the 5-day average points to declining investor participation.
In the broader market context, Yatra Online's short-term performance has been less favorable compared to the benchmark Sensex, which has gained 0.45% over the past week while Yatra has decreased by 0.44%. Although the stock has shown positive returns year-to-date at 26.26%, the recent decline and underperformance today may reflect investor concerns regarding management efficiency and valuation, despite the company reporting strong growth in sales and operating profit. The travel services sector, in which Yatra operates, has gained by 2.64%, indicating that the broader market is performing well, yet Yatra's specific challenges are leading to its current price drop.