Why is Chalet Hotels falling/rising?

As of 10-Nov, Chalet Hotels Ltd is experiencing a decline in its stock price, currently at Rs 904.70, which reflects a decrease of Rs 11.0 or 1.2%. The stock has underperformed its sector by 1.9% today and has been on a consecutive fall for the last three days, resulting in a total drop of 5.86% during this period. Additionally, the stock has shown a negative performance over the past week and month, with returns of -5.68% and -4.93%, respectively, while it has performed positively over the past year with a return of 1.26%. Despite healthy long-term growth indicators, such as a 33.43% annual growth in net sales and a 77.21% increase in operating profit, the stock faces challenges due to poor management efficiency, indicated by a low Return on Capital Employed (ROCE) of 4.83% and a high Debt to EBITDA ratio of 16.68 times, which raises concerns about its ability to service debt.
In the broader market context, the Sensex has shown a slight decline of 0.53% over the past week, contrasting with Chalet Hotels' more significant drop. While the stock has outperformed the benchmark over a three-year period with a return of 149.23% compared to the Sensex's 37.82%, its recent performance has been lackluster, particularly in the short term. The high percentage of pledged promoter shares (31.93%) may also contribute to downward pressure on the stock price in a falling market, further complicating its outlook. Overall, while the company has demonstrated strong growth metrics, the combination of operational inefficiencies and market conditions has led to the current decline in its stock price.