Why is Yatra Online falling/rising?

As of 11-Nov, Yatra Online Ltd's stock price is currently at Rs 164.75, reflecting an increase of Rs 19.7, or 13.58%. The stock has shown strong performance today, outperforming its sector by 14.08% and has been on a consecutive gain streak for the last three days, accumulating a total return of 16.68% during this period. The stock reached an intraday high of Rs 172.9, indicating significant upward momentum, despite experiencing a low of Rs 141.55 earlier in the day. Additionally, Yatra Online has demonstrated impressive returns over various periods, including a 45.93% increase over the past year, which significantly surpasses the broader market's performance. The company has also reported positive financial results, including a 67.23% growth in net sales and a remarkable 167.02% increase in profit after tax over the last six months, contributing to the stock's upward trajectory.
In the broader market context, Yatra Online's short-term return of 14.61% over the past week is substantially higher than the Sensex's modest gain of 0.49%, showcasing the stock's strong relative performance. The stock's liquidity is also favorable, with a delivery volume increase of 55.15% compared to the five-day average, indicating rising investor participation. Furthermore, the company's low debt-to-equity ratio and consistent positive results over the last five quarters bolster investor confidence, supporting the stock's upward movement. Overall, the combination of strong financial performance, positive market sentiment, and favorable trading conditions has contributed to the rise in Yatra Online's stock price.