Why is Saj Hotels falling/rising?

As of 28-Oct, Saj Hotels Ltd is currently priced at 64.55, reflecting an increase of 0.4 or 0.62%. Despite this positive movement today, the stock has experienced a significant decline over the past week and month, with returns of -8.44% and -13.06%, respectively. The stock has outperformed its sector by 0.71% today, and there has been a notable increase in investor participation, with delivery volume rising by 3081.82% against the 5-day average. However, it is trading below all key moving averages, indicating a potential weakness in momentum. While the stock has generated a commendable return of 29.36% over the past year, it faces challenges such as weak long-term fundamental strength, evidenced by a low Return on Equity (ROE) of 2.79% and disappointing quarterly results.
In the broader market context, the Sensex has shown a slight gain of 0.26% over the past week, contrasting with Saj Hotels' significant decline during the same period. The stock's year-to-date performance of +26.57% is strong compared to the benchmark's +9.69%, suggesting that while it has outperformed in the longer term, recent trends indicate a struggle to maintain that momentum. The company's flat quarterly results and high valuation relative to its ROE may be contributing to investor caution, despite the positive annual returns. Overall, while today's price movement is upward, the stock's recent performance and fundamental weaknesses suggest ongoing volatility and potential challenges ahead.