Why is Royal Orch.Hotel falling/rising?

As of 11-Aug, Royal Orchid Hotels Ltd is currently priced at 400.00, reflecting a decrease of 3.0 points or 0.74%. The stock has been underperforming, having fallen for the last two days with a total decline of 2.2% during this period. Despite touching an intraday high of Rs 411.75 earlier in the day, the stock's performance has been negatively impacted by a significant drop in delivery volume, which fell by 56.44% compared to the 5-day average. Over the past year, while the stock has generated a return of 12.68%, its profits have decreased by 2.6%, indicating a potential concern for investors despite the attractive valuation metrics such as a ROCE of 13.2 and a favorable enterprise value to capital employed ratio.
In the broader market context, Royal Orchid Hotels has shown a positive return of 1.46% over the past month, outperforming the Sensex, which has declined by 2.30% in the same timeframe. This trend of outperformance is consistent with the stock's long-term performance, where it has outperformed the BSE500 over the last three years, one year, and three months. However, the recent decline in stock price and investor participation suggests that short-term sentiment may be cautious, despite the stock's historical resilience and attractive valuation compared to peers.