Why is Saj Hotels falling/rising?

As of 06-Oct, Saj Hotels Ltd's stock price is flat at 71.00, with no change in percentage terms (0.00%). The stock has underperformed the benchmark Sensex over the past week and month, with declines of 2.27% and 1.53%, respectively. Despite a year-to-date return of 39.22%, the stock's performance today indicates a slight outperformance against its sector by 0.31%. However, the stock is experiencing falling investor participation, with a significant drop in delivery volume by 83.87% compared to the 5-day average. Additionally, the company has weak long-term fundamental strength, as indicated by an average Return on Equity (ROE) of 2.79% and disappointing quarterly results, which may contribute to investor hesitance.
In the broader market context, while the Sensex has shown positive returns of 1.80% over the past week and 1.36% over the past month, Saj Hotels' recent performance contrasts sharply with these benchmarks. The stock's liquidity remains adequate for trading, but the overall weak financial indicators and falling investor interest suggest a cautious outlook. The company's flat results and expensive valuation further exacerbate concerns, leading to a perception of the stock as a strong sell despite its previous year-to-date gains.