Why is Blu.Coast Hotel. falling/rising?

As of 26-Sep, Blue Coast Hotels Ltd is experiencing a decline in its stock price, currently at Rs 62.17, which reflects a decrease of 3.27 or 5.0%. The stock has underperformed its sector by 2.52% today and has been on a consecutive downward trend for the last two days, accumulating a total loss of 9.74% during this period. Despite a remarkable year-to-date return of 179.54% and a one-year return of 424.20%, the company faces challenges such as a negative book value and weak long-term fundamental strength, which are contributing to its recent price decline. The company reported flat results in June 2025, with cash and cash equivalents at a low of Rs 0.41 crore and a negative EBITDA, indicating financial instability.
In the broader market context, the stock's short-term performance has been less favorable compared to the benchmark, with a one-week return of -0.46% against the Sensex's -2.66%. The hotel, resort, and restaurant sector has also seen a decline of 2.47%, reflecting a challenging environment for the industry. Additionally, a significant drop in investor participation, with delivery volume falling by 81.27% against the five-day average, suggests reduced confidence among investors. While the stock has shown strong long-term performance, the current market conditions and the company's financial weaknesses are likely influencing the downward pressure on its stock price.