Why is Ras Resorts falling/rising?

As of 12-Sep, Ras Resorts & Apart Hotels Ltd is currently priced at Rs 39.50, reflecting an increase of Rs 1.05 or 2.73%. The stock has shown a trend reversal by gaining after two consecutive days of decline, outperforming its sector by 2.66% today. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally weak performance. Despite today's gain, the stock has underperformed significantly over the past week, month, and year, with returns of -4.59%, -3.66%, and -19.21%, respectively. The company's long-term fundamentals are weak, with a low Return on Capital Employed (ROCE) of 2.84% and a concerning EBIT to Interest ratio of 0.78, which suggests difficulties in servicing its debt.
In the broader market context, while Ras Resorts has seen a slight uptick today, it has lagged behind the Sensex, which has gained 1.48% over the past week. The stock's performance is further hindered by a significant drop in investor participation, with delivery volume falling by 80.82% compared to the 5-day average. This lack of liquidity, combined with the company's poor financial health and high valuation relative to peers, paints a concerning picture for potential investors. Overall, while there is a minor rise in the stock price today, the underlying fundamentals and broader market trends suggest a challenging environment for Ras Resorts.