Why is Sinclairs Hotels falling/rising?

As of 16-Jul, Sinclairs Hotels Ltd is experiencing a price increase, currently at 95.07, reflecting a rise of 2.47 or 2.67%. Today's price summary indicates that the stock has outperformed its sector by 1.79% and has gained after four consecutive days of decline, opening with a significant gain of 6.91%. The stock reached an intraday high of Rs 99, although it is trading lower than its 5-day and 200-day moving averages. Despite this positive movement, there is a notable decline in investor participation, with delivery volume falling by 66.53% against the 5-day average. The company has a low debt-to-equity ratio, but it faces challenges with poor long-term growth, as evidenced by a 3.29% annual growth in net sales and a 31.9% decline in profits over the past year.
In the broader market context, the stock has underperformed compared to the benchmark, with a 1-week return of -3.36% against the Sensex's -1.08%, although it has shown a positive return of 5.93% over the past month compared to the benchmark's 1.02%. The stock's long-term performance remains concerning, with a year-to-date decline of 22.61% versus the Sensex's 5.75% gain. This underperformance, coupled with a high price-to-book value ratio and negative financial results, suggests that while there may be short-term gains, the overall outlook for Sinclairs Hotels Ltd remains weak in the context of market performance.