Why is Sayaji (Indore) falling/rising?

As of 25-Jun, Sayaji Hotels (Indore) Ltd is experiencing a decline in its stock price, currently at 1,245.00, which reflects a decrease of 3.0 points or 0.24%. The stock has underperformed its sector by 2.54% today and has seen a trend reversal after five consecutive days of gains. Despite trading above its moving averages for 5, 20, 50, 100, and 200 days, the stock's delivery volume has significantly decreased by 52.7% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has shown a positive return of 8.26%, but it has declined by 4.12% over the past month. The company's long-term fundamental strength appears weak, with a 6.87% CAGR growth in operating profits and a high price-to-book value ratio of 6.1, contributing to the current downward pressure on the stock.
In the broader market context, while the Sensex has gained 1.61% over the past week and 1.27% over the past month, Sayaji Hotels' recent performance contrasts sharply with these benchmarks. The hotel, resort, and restaurant sector has seen an overall gain of 2.3%, further highlighting the stock's underperformance. Although the stock has generated a modest return of 0.45% over the past year, its profits have increased by 47%, suggesting that the market may be reacting to the company's valuation concerns rather than its profitability. The combination of weak investor participation and high valuation metrics may be influencing the stock's current decline despite its historical performance.