Why is Howard Hotels falling/rising?

As of 25-Sep, Howard Hotels Ltd's stock price is currently at Rs 28.12, reflecting a decline of Rs 2.92 or 9.41%. Today, the stock opened with an 8.09% gain but quickly fell to an intraday low of Rs 28.12, indicating significant volatility with a wide trading range of Rs 5.78. Despite this drop, the stock has shown strong performance over the past week and month, with returns of 6.52% and 10.80%, respectively. The company has reported positive results for the last three consecutive quarters, with a remarkable growth in PAT of 595.45% over nine months. However, concerns about weak long-term fundamentals, including operating losses and a poor EBIT to interest ratio, may be contributing to the stock's current decline.
In the broader market context, Howard Hotels has outperformed the Sensex over the past week and month, while the benchmark has experienced declines of 2.23% and 0.58%, respectively. Despite its recent strong performance, the stock's current drop may be attributed to high volatility and the market's reaction to its expensive valuation compared to peers. The company's ability to service its debt remains a concern, which could be influencing investor sentiment and leading to the stock's recent downturn despite its historical returns and positive quarterly results.