Why is Robust Hotels falling/rising?

As of 10-Jul, Robust Hotels Ltd is experiencing a decline in its stock price, currently at Rs 280.25, which reflects a decrease of Rs 24.65 or 8.08%. Today's price summary indicates that the stock has underperformed its sector by 7.87% and opened with a loss of 5.2%. After three consecutive days of gains, the stock has reversed its trend, touching an intraday low of Rs 276.8, which is a drop of 9.22%. Despite this decline, the stock has shown strong performance over the past year with a return of 58.33%, significantly higher than the market's return of 1.46%. The company has reported positive financial results over the last three quarters, with substantial growth in profit before tax and net sales, contributing to its attractive valuation compared to peers.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has outperformed the Sensex over the past week and month, with returns of 6.97% and 12.19%, respectively. However, the current decline may be attributed to high volatility and a significant drop in price today, which could be affecting investor sentiment. The rising investor participation, indicated by a substantial increase in delivery volume, suggests that there is still interest in the stock despite today's downturn. Overall, while Robust Hotels has shown strong long-term performance and positive financial indicators, the immediate market reaction appears to be negative, leading to the current price decline.