Why is Sinclairs Hotels falling/rising?

As of 03-Jul, Sinclairs Hotels Ltd is experiencing a decline in its stock price, currently at Rs 97.06, which represents a decrease of 3.73 or 3.7%. The stock has underperformed its sector by 3.09% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 4.65% during this period. Despite trading above its moving averages, the stock's performance over the past year has been poor, with a return of -16.18%, while its profits have fallen significantly by 31.9%. Additionally, the company has shown low growth in net sales and operating profit over the last five years, which, combined with a high Price to Book Value ratio, suggests that the stock is trading at a premium compared to its peers.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has gained 9.04% over the past week while the Sensex has declined by 0.62%. However, the stock's year-to-date performance is notably weak, with a decline of 20.99% compared to the Sensex's increase of 6.53%. The lack of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence in the company's valuation and growth prospects, further contributing to the stock's downward pressure. Overall, the combination of poor financial results, declining investor participation, and underperformance relative to the market has led to the current decline in Sinclairs Hotels' stock price.