Why is Ras Resorts falling/rising?

As of 24-Oct, Ras Resorts & Apart Hotels Ltd is currently priced at Rs 37.90, reflecting a slight increase of 0.03 (0.08%). The stock has shown a positive trend recently, gaining for the last two days with a total return of 1.72%. However, it remains 4.85% away from its 52-week low of Rs 36.06 and has underperformed significantly over the longer term, with a year-to-date decline of 20.71% compared to the Sensex's increase of 7.77%. The stock is trading below its moving averages across various time frames, indicating a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 72.16% against the five-day average, which could suggest waning interest among investors.
Broader Market Context: In the context of the broader market, Ras Resorts has underperformed relative to the Sensex over the past week, with a decline of 5.04% compared to the benchmark's gain of 0.31%. This trend of underperformance is consistent over the past month and year, highlighting the stock's struggles in comparison to the overall market. Despite today's slight uptick, the overall negative sentiment and declining investor participation may continue to weigh on the stock's performance moving forward.