Why is ITC Hotels falling/rising?

As of 06-Oct, ITC Hotels Ltd is experiencing a decline in its stock price, currently at Rs 215.45, which reflects a decrease of Rs 2.95 or 1.35%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 6.87% over the past week. Today's performance indicates that it has underperformed its sector by 1.04%. The stock touched an intraday low of Rs 213, and while it is trading above its 200-day moving average, it remains below the 5-day, 20-day, 50-day, and 100-day moving averages. Additionally, there has been a rise in investor participation, with delivery volume increasing by 18.28% compared to the 5-day average, suggesting some interest despite the recent price drop.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.77% over the past week, ITC Hotels' performance has been notably weaker, highlighting a significant divergence in returns. The Sensex has also shown a positive return of 1.34% over the past month, while ITC Hotels has declined by 11.65% in the same timeframe. This stark contrast indicates that broader market conditions are favoring other stocks, contributing to the downward pressure on ITC Hotels' stock price.