Why is Ras Resorts falling/rising?

As of 03-Nov, Ras Resorts & Apart Hotels Ltd is experiencing a decline in its stock price, currently at Rs 38.05, which reflects a decrease of Rs 1.17 or 2.98%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 6.95% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The trading volume has also significantly decreased, with delivery volume dropping by 94% compared to the 5-day average, suggesting a lack of investor interest. There is no information available regarding positive or negative factors that could influence the stock's performance.
Broader market context shows that Ras Resorts has underperformed compared to the benchmark index, the Sensex, which has seen a slight decline of 0.94% over the past week while Ras Resorts has gained only 0.13%. Over the past month, Ras Resorts has fallen by 3.89%, contrasting sharply with the Sensex's increase of 3.41%. Year-to-date, the stock has decreased by 20.40%, while the Sensex has risen by 7.47%. This underperformance in both short-term and long-term metrics highlights the challenges faced by Ras Resorts in attracting investor confidence amidst a generally more favorable market environment.