Why is Sinclairs Hotels falling/rising?

As of 09-Jul, Sinclairs Hotels Ltd is experiencing a price increase, with its current price at Rs 98.38, reflecting a rise of Rs 2.15 or 2.23%. The stock has shown positive momentum recently, gaining 2.48% over the last two days and opening with a notable gain of 3.71% today. It reached an intraday high of Rs 102, which is a 6% increase. However, despite this short-term performance, the stock has underperformed in the longer term, with a year-to-date decline of 19.92% and a one-year return of -13.32%. The company's low debt-to-equity ratio is a positive factor, but its poor long-term growth, as indicated by low net sales and operating profit growth rates, along with negative quarterly results, raises concerns about its valuation and future prospects.
In the broader market context, while the Sensex has shown a slight increase of 0.15% over the past week, Sinclairs Hotels has declined by 2.39% in the same period, indicating a significant underperformance relative to the benchmark. The stock's recent gains have outperformed its sector by 1.08%, but the overall trend suggests a lack of confidence from investors, as evidenced by a 47.2% drop in delivery volume compared to the five-day average. Additionally, the absence of domestic mutual fund investment signals a lack of institutional confidence, which may further impact the stock's performance moving forward.