Why is Graviss Hospital falling/rising?

As of 30-Sep, Graviss Hospitality Ltd is experiencing a decline in its stock price, currently at Rs 42.80, which reflects a decrease of 5.11 or 10.67%. Today's price summary indicates that the stock opened with a gain of 2.28% but has since fallen significantly, reaching an intraday low of Rs 41.5, which is a drop of 13.38%. Despite a strong performance over the past week and month, with returns of 6.41% and 3.71% respectively, the stock has underperformed its sector by 10.21% today. The company is facing challenges, including operating losses and a weak ability to service its debt, which has contributed to its negative long-term growth outlook. The recent negative results, including a significant drop in PAT and low inventory turnover, further exacerbate the stock's downward movement.
In the broader market context, while Graviss Hospitality has shown a positive return over the past week and month, it has underperformed the benchmark Sensex, which has seen a decline of 2.23% over the same week. The stock's year-to-date performance is notably poor, with a decline of 21.83%, contrasting sharply with the Sensex's gain of 2.72%. The high volatility observed today, with an intraday volatility of 10.56%, indicates investor uncertainty, which is compounded by the company's weak fundamentals and negative operating profits. This combination of factors suggests a challenging environment for the stock, leading to its current decline.