Why is Saj Hotels falling/rising?

As of 27-Oct, Saj Hotels Ltd is experiencing a decline in its stock price, currently at 64.15, which reflects a decrease of 7.85 or 10.9%. The stock has underperformed significantly today, with a performance that is 11.77% lower than its sector. Additionally, it is trading below all its moving averages, indicating a bearish trend. The stock has seen a notable drop in investor participation, with delivery volume falling by 58.33% compared to the 5-day average. Despite a strong year-to-date return of 25.78% and a 32.95% increase over the past year, the company's weak long-term fundamentals, highlighted by a low return on equity of 2.79% and disappointing quarterly results, have contributed to its current price decline.
In the broader market context, Saj Hotels' recent performance contrasts sharply with the benchmark Sensex, which has gained 0.48% over the past week and 5.32% over the past month. This underperformance is further emphasized by the stock's 1-month decline of 13.60%, while the Sensex has shown positive growth. The company's flat results in June and an expensive valuation relative to its earnings have raised concerns among investors, leading to the stock's current downward trend. Overall, while Saj Hotels has delivered strong returns over the past year, the combination of weak fundamentals and recent poor performance relative to the market has resulted in a significant decline in its stock price.