Why is Indian Hotels Co falling/rising?

As of 25-Aug, Indian Hotels Co Ltd is experiencing a decline in its stock price, currently at 785.55, which reflects a decrease of 3.5 points or 0.44%. The stock has been losing value for the last three days, with a total drop of 2.75% during this period. Despite this recent downturn, the stock has shown positive performance over the past week and month, with returns of 1.32% and 5.27%, respectively. The company maintains a strong financial position, evidenced by a low Debt to EBITDA ratio of 1.36 times and consistent positive results over the last 15 quarters. However, the recent fall in delivery volume by 56.17% against the five-day average indicates a decrease in investor participation, which may be contributing to the stock's current decline.
In the broader market context, Indian Hotels Co has outperformed the Sensex in the short term, with a 1-week return of 1.32% compared to the benchmark's 0.45%. Despite this, the stock's year-to-date performance shows a significant underperformance of -10.37% against the Sensex's 4.48% gain. The company's high institutional holdings at 45.7% suggest that informed investors are backing it, yet the stock's expensive valuation, reflected in a Price to Book Value of 10 and a PEG ratio of 2, raises concerns about its sustainability in the face of recent profit growth that has not kept pace with its stock price increase.