Why is Sinclairs Hotels falling/rising?

As of 13-Jun, Sinclairs Hotels Ltd's stock price is currently at Rs 87.83, reflecting a decline of Rs 2.04 or 2.27%. The stock has been underperforming, having fallen for three consecutive days and experiencing a total drop of 4.27% during this period. It is trading below all its moving averages, indicating a bearish trend. Additionally, the stock has shown negative returns over various periods, including a 6.51% decline over the past week and a 28.51% drop year-to-date. The company's financial performance has also been disappointing, with net sales and operating profit growing at low rates over the last five years, and recent results showing significant declines in profit before tax and profit after tax.
In the broader market context, the stock has underperformed compared to the Sensex, which has only declined by 1.30% over the past week. While the market has generated positive returns of 3.81% year-to-date, Sinclairs Hotels has seen a substantial negative return of 28.51% in the same timeframe. This stark contrast highlights the company's struggles, particularly given its high valuation relative to peers and poor long-term growth prospects. The falling investor participation and liquidity further exacerbate the stock's challenges, contributing to its downward price movement.