Why is Sayaji Hot. Pune falling/rising?

As of 04-Sep, Sayaji Hotels (Pune) Ltd is experiencing a decline in its stock price, currently at Rs 756.30, which represents a decrease of 62.7 points or 7.66%. Today's price summary indicates that the stock underperformed its sector by 7.61%, opening with a loss of 4.6% and reaching an intraday low of Rs 756.30. The stock has shown erratic trading patterns, having not traded on one day out of the last 20, and is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 96.19% compared to the 5-day average. Over the past year, the stock has generated a return of -3.53%, despite a 6% increase in profits, indicating a disconnect between performance and stock price.
In the broader market context, Sayaji Hotels has underperformed compared to the Sensex, which has gained 0.80% over the past week while Sayaji's return is -3.16%. This trend reflects a lack of investor confidence, as evidenced by the falling liquidity and trading volume. Although the company has a high return on equity (ROE) of 23.11% and a low debt-to-equity ratio, which are positive indicators, these factors have not translated into stock price stability or growth. The fair valuation indicated by a price-to-book value of 2.8 and a PEG ratio of 2.2 suggests that while the company may be fundamentally sound, external market conditions and investor sentiment are currently unfavorable, contributing to the stock's decline.