Why is Sinclairs Hotels falling/rising?

As of 11-Jul, Sinclairs Hotels Ltd is experiencing a decline in its stock price, currently at 95.38, which reflects a decrease of 1.17 or 1.21%. The stock has underperformed its sector by 0.32% today and has been on a consecutive downward trend for the last two days, accumulating a total drop of 3.05%. Although the stock opened with a gain of 3.37% and reached an intraday high of Rs 99.8, it also saw a low of Rs 94.5, indicating volatility. Over the past week, the stock has fallen by 3.27%, while its performance over the past year shows a significant decline of 15.59%, contrasting with the Sensex, which has increased by 3.26%. Additionally, the company has reported poor long-term growth metrics, with net sales and operating profit growing at rates of only 3.29% and 2.33% respectively over the last five years, and a recent negative performance in profit before tax and profit after tax.
In the broader market context, the stock's recent performance has been notably weaker compared to the benchmark, as it has underperformed the market significantly over the last year, generating negative returns while the BSE500 index has yielded a modest gain of 0.52%. The lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence among institutional investors regarding the company's valuation and business prospects. Furthermore, the stock is trading at a premium compared to its peers, with a price-to-book value of 4.2, indicating that it may be overvalued in light of its declining profits and low return on capital employed. This combination of factors contributes to the stock's downward trajectory in the current market environment.