Why is Kamat Hotels falling/rising?

As of 12-Sep, Kamat Hotels (India) Ltd is currently priced at 305.35, reflecting a decrease of 3.65 or 1.18%. The stock has underperformed its sector today by 1.25%, reaching an intraday low of Rs 302.45. Despite a strong performance over the past month with a return of 17.15%, the stock has seen a decline of 3.68% over the past week. Additionally, investor participation has fallen significantly, with delivery volume dropping by 47.82% compared to the 5-day average. However, the company has reported positive financial results over the last three consecutive quarters, with a remarkable growth in profit after tax and a low debt-equity ratio, indicating strong fundamentals that may support the stock in the long run.
Broader market context shows that while Kamat Hotels has outperformed the BSE500 over various time frames, its recent short-term performance has lagged behind the benchmark, which has gained 1.48% in the past week. The stock's current decline may be attributed to a combination of reduced investor interest and short-term volatility, despite its strong long-term growth trajectory and attractive valuation metrics. Overall, the market's positive sentiment towards the company’s financial health contrasts with the stock's recent price movement, suggesting that while the fundamentals remain strong, short-term fluctuations are impacting investor confidence.