Why is Sayaji Hot. Pune falling/rising?

As of 28-Aug, Sayaji Hotels (Pune) Ltd is experiencing a decline in its stock price, currently at Rs 781.00, which represents a decrease of Rs 19.00 or 2.38%. The stock has underperformed its sector by 1.85% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 13.22% during this period. Additionally, the stock has shown weak performance over the past week and month, with returns of -7.90% and -6.47%, respectively. It is also trading below all key moving averages, indicating a bearish trend. Despite having a high return on equity (ROE) of 23.11% and a low debt-to-equity ratio, which are generally positive indicators, the stock's recent performance has been negatively impacted by falling investor participation and erratic trading patterns.
In the broader market context, the Sensex has also seen a decline of 2.34% over the past week, which suggests that the market sentiment is generally bearish. However, Sayaji Hotels' performance has been worse than the benchmark, indicating that specific issues within the company are contributing to its stock price decline. Year-to-date, while the stock has fallen by 1.76%, the Sensex has gained 2.48%, further highlighting the underperformance of Sayaji Hotels relative to the market. This combination of poor short-term returns and broader market trends indicates that investor confidence in Sayaji Hotels is waning, leading to its current price drop.