Why is Chalet Hotels falling/rising?

As of 08-Jul, Chalet Hotels Ltd is experiencing a decline in its stock price, currently at Rs 858.05, which reflects a decrease of Rs 14.0 or 1.61%. The stock has underperformed its sector by 1.89% today and has been on a downward trend, falling for the last two days with a total decline of 3.07%. Although it opened with a gain of 2.06% and reached an intraday high of Rs 890, it also touched a low of Rs 845. The stock's performance over the past week shows a decline of 4.81%, and over the past month, it has decreased by 6.73%. Positive factors such as a significant growth in PAT and a high ROCE in the latest quarter contrast with negative aspects, including weak long-term fundamental strength, a high Debt to EBITDA ratio, and a substantial percentage of promoter shares being pledged, which collectively contribute to the stock's recent downward movement.
In the broader market context, the Sensex has shown a slight increase of 0.02% over the past week, indicating that the overall market sentiment has been relatively stable compared to Chalet Hotels' performance. The stock's year-to-date return of -12.60% starkly contrasts with the Sensex's gain of 7.13%, highlighting a significant underperformance. This disparity suggests that while the market may be experiencing growth, Chalet Hotels is facing challenges that are impacting investor confidence and participation, further exacerbated by the falling delivery volume and the stock's expensive valuation relative to its peers.