Why is Ras Resorts falling/rising?

As of 10-Sep, Ras Resorts & Apart Hotels Ltd is experiencing a decline in its stock price, currently at 38.98, reflecting a decrease of 0.59 or 1.49%. The stock has underperformed its sector today by 1.12% and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 3.63%, and it has shown a significant decline of 18.45% year-to-date. The company's weak long-term fundamentals are highlighted by a low Return on Capital Employed (ROCE) of 2.84% and a poor EBIT to Interest ratio of 0.78, indicating challenges in servicing its debt. Additionally, the stock's valuation appears expensive compared to its peers, with a Price to Book Value of 0.8, and it has generated a return of -20.27% over the past year, coinciding with a 47% drop in profits.
In the broader market context, the Sensex has shown a positive return of 1.06% over the past week, contrasting sharply with Ras Resorts' negative performance. This disparity suggests that the stock is not only underperforming relative to the market but also struggling to attract investor confidence despite a rise in delivery volume by 21.68% against the 5-day average. The company's flat results in June and the lowest Debtors Turnover Ratio at 0.00 times further contribute to its negative outlook, reinforcing the perception of weak growth and financial instability. Overall, the combination of poor performance metrics and unfavorable comparisons to the benchmark indicates that Ras Resorts is facing significant challenges in the current market environment.