Why is Ras Resorts falling/rising?

As of 06-Oct, Ras Resorts & Apart Hotels Ltd is experiencing a decline in its stock price, currently at 39.35, which reflects a decrease of 0.24 or 0.61%. The stock has underperformed its sector by 0.3% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 6.24% during this period. Additionally, the stock's performance over the past week, month, and year shows significant underperformance compared to the benchmark Sensex, with returns of -1.08%, -4.95%, and -31.11% respectively. The stock is also trading below its moving averages across various time frames, indicating a bearish trend. While there has been a notable increase in investor participation, with delivery volume rising by 397.83% against the 5-day average, the absence of any positive factors in the dashboard suggests that the stock's recent movement is primarily influenced by negative sentiment.
Broader Market Context: In contrast to Ras Resorts, the Sensex has shown positive returns of 1.77% over the past week and 1.34% over the past month, highlighting a broader market strength that the stock is not capitalizing on. The year-to-date performance of Ras Resorts is particularly concerning, with a decline of 17.68% compared to a gain of 4.67% for the Sensex. This stark contrast indicates that while the market is generally moving upward, Ras Resorts is struggling to keep pace, further contributing to its declining stock price.