Why is Asian Hotels (E) falling/rising?

As of 05-Sep, Asian Hotels (East) Ltd is experiencing a decline in its stock price, currently at Rs 155.00, which reflects a decrease of Rs 10.15 or 6.15%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 7.13%. Today, it opened with a loss of 2.91% and reached an intraday low of Rs 154.5. The stock's performance over the past week shows a modest gain of 2.07%, but it has underperformed its sector by 6.05%. Additionally, the stock has shown a year-to-date decline of 9.73%, contrasting with a 3.29% gain in the benchmark index, Sensex. Notably, investor participation has decreased significantly, with delivery volume dropping by 36.03% compared to the five-day average.
Broader Market Context: In the context of the broader market, the stock's recent performance is less favorable compared to the Sensex, which has remained flat over the past month. While Asian Hotels (East) Ltd has shown some positive returns over longer periods, such as a 12.77% increase over the past year, its current struggles reflect a challenging environment. The stock's liquidity remains adequate for trading, but the falling investor participation suggests a lack of confidence among investors, contributing to the stock's downward trend.