Why is Sinclairs Hotels falling/rising?

As of 15-Jul, Sinclairs Hotels Ltd is experiencing a decline in its stock price, currently at Rs 92.60, reflecting a decrease of Rs 1.14 or 1.22%. The stock has been underperforming, having lost 5.88% over the last four days and opened today with a loss of 2.87%. It has also underperformed its sector by 2.9%. In terms of returns, the stock has shown a negative performance of 3.77% over the past week and a significant decline of 24.62% year-to-date, while it has generated a return of -15.66% over the past year. The company's financial health is concerning, with low growth rates in net sales and operating profit, alongside a high price-to-book ratio indicating an expensive valuation compared to its peers. Additionally, recent negative results, including a substantial drop in profit before tax and profit after tax, have contributed to the stock's downward trend.
In the broader market context, the Sensex has declined by 1.36% over the past week, indicating that while Sinclairs Hotels is also falling, it is underperforming relative to the benchmark. The stock's liquidity appears adequate, with rising investor participation noted in the delivery volume, but this has not translated into positive price movement. The company's long-term growth prospects remain poor, as evidenced by its negative returns compared to the market and the significant drop in profits over the past year. Overall, the combination of disappointing financial performance, high valuation, and recent negative trends in stock price has led to the current decline in Sinclairs Hotels Ltd's stock.