Why is Best Eastern Hot falling/rising?

As of 01-Sep, Best Eastern Hotels Ltd is experiencing a price increase, currently at 15.10, reflecting a change of 0.33 or 2.23% upward. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite this positive movement today, the stock has underperformed in the short term with a 1-week return of -1.63%, while the benchmark Sensex has a similar decline of -1.56%. Over the past month, however, the stock has outperformed the benchmark with an increase of 8.40% compared to the Sensex's slight drop of 0.29%. The stock's liquidity appears adequate for trading, but there has been a significant drop in investor participation, with delivery volume falling by 95.61% against the 5-day average. The company is facing challenges, including weak long-term fundamental strength indicated by a low Return on Capital Employed (ROCE) of 4.91% and poor debt servicing capabilities.
In the broader market context, while Best Eastern Hotels Ltd has shown some positive movement today, it has consistently underperformed against the benchmark over the last three years, with a one-year return of -16.30% compared to the Sensex's gain of 2.85%. The stock's performance has been hindered by flat results in June 2025 and a decline in profits by 19% over the past year. Although it is trading at a discount compared to its peers' historical valuations, the overall weak fundamentals and consistent underperformance suggest that the stock's recent rise may not be sustainable in the long term.