Why is EIH Assoc.Hotels falling/rising?

As of 25-Sep, EIH Associated Hotels Ltd is experiencing a decline in its stock price, currently at Rs 377.55, which reflects a decrease of Rs 9.95 or 2.57%. The stock has underperformed its sector by 1% today and has been on a consecutive downward trend for the past seven days, resulting in a total decline of 7.01% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a relatively low debt-to-equity ratio and healthy long-term growth in operating profit, the stock has generated a negative return of 4.76% over the past year, even as profits increased by 27.4%. This indicates that while the company has strong fundamentals, the market sentiment has been unfavorable, leading to the current price drop.
In the broader market context, the stock's performance over the past week shows a decline of 5.26%, which is worse than the Sensex's decrease of 2.23%. This trend continues in the one-month comparison, where EIH Associated Hotels has fallen by 4.90%, compared to the Sensex's slight decline of 0.58%. The overall market conditions appear to be impacting investor confidence, as evidenced by a significant drop in delivery volume, which has decreased by 53.81% against the 5-day average. Despite the company's fair valuation and growth potential, the combination of recent performance trends and broader market dynamics has contributed to the stock's current downward trajectory.