Why is Sinclairs Hotels falling/rising?

As of 18-Jul, Sinclairs Hotels Ltd is experiencing a price increase, currently at Rs 100.88, reflecting a rise of Rs 5.64 or 5.92%. The stock has shown strong performance recently, gaining 8.94% over the last three days and outperforming its sector by 5.03% today. It reached an intraday high of Rs 104.11, although it also saw a low of Rs 92.25 during the trading session. Despite the positive short-term performance, the company has faced challenges, including a poor long-term growth outlook with net sales and operating profit growing at rates of only 3.29% and 2.33% respectively over the last five years. Additionally, the stock is trading at a premium compared to its peers, with a high price-to-book value ratio, and has reported a significant decline in profits over the past year.
In the broader market context, Sinclairs Hotels has outperformed the Sensex in the short term, with a 1-week return of +5.77% compared to the benchmark's -0.90%. However, the stock's year-to-date performance remains negative at -17.88%, contrasting with the Sensex's positive return of +4.63%. This divergence highlights the stock's volatility and the potential impact of recent gains on investor sentiment, despite underlying concerns regarding its financial health and growth prospects. The falling investor participation, evidenced by a decrease in delivery volume, may also indicate caution among investors despite the recent price rise.