Why is Ras Resorts falling/rising?

As of 16-Sep, Ras Resorts & Apart Hotels Ltd is experiencing a decline in its stock price, currently at Rs 38.45, reflecting a decrease of 1.0 (-2.53%). The stock has underperformed its sector by 1.57% today and has been on a downward trend, losing value for the last two consecutive days with a total decline of 2.66%. It is also trading close to its 52-week low, just 3.75% above Rs 37.01. The stock's performance over various periods shows significant underperformance, with a year-to-date decline of 19.56% and a one-year return of -24.39%. The company's weak long-term fundamentals, highlighted by a low Return on Capital Employed (ROCE) of 2.84% and a poor EBIT to Interest ratio of 0.78, contribute to the negative sentiment surrounding the stock. Additionally, the stock is trading at a premium compared to its peers, which further exacerbates its unattractiveness to investors.
In the broader market context, the Sensex has shown a positive return of 1.58% over the past week, contrasting sharply with Ras Resorts' decline of 2.83% during the same period. This disparity indicates that while the overall market is performing well, Ras Resorts is struggling significantly. The company's liquidity appears to be adequate for trading, but the falling investor participation, with a 92.65% drop in delivery volume, suggests waning interest among investors. Overall, the combination of poor financial performance, negative market sentiment, and underperformance relative to the benchmark has led to the stock's current decline.