Why is Sinclairs Hotels falling/rising?

As of 22-Jul, Sinclairs Hotels Ltd is experiencing a price increase, with its current price at 106.23, reflecting a rise of 7.71 (7.83%). The stock has shown strong performance today, outperforming its sector by 9.24% and reaching an intraday high of Rs 113.13, which is a 14.83% increase. Over the past week, the stock has gained 14.72%, and over the past month, it has risen by 20.63%. However, despite these positive short-term movements, the company has faced challenges, including a decline in delivery volume by 66.16% against the 5-day average and a low Debt to Equity ratio. The stock's long-term growth prospects are hindered by poor net sales growth of 3.29% and a significant drop in profits, with a 31.19% fall in PBT and a 28.9% decrease in PAT reported for the most recent quarter.
Broader market context indicates that while Sinclairs Hotels has shown impressive short-term returns, the benchmark Sensex has not performed as well, with a slight decline of 0.47% over the past week. This suggests that the stock's rise is notable against a backdrop of broader market weakness. Additionally, the stock's performance over the last year has been modest, with a return of 1.03% compared to the Sensex's 2.09%. The lack of domestic mutual fund investment may also reflect caution regarding the stock's valuation, which is considered expensive compared to its peers. Overall, while Sinclairs Hotels is currently rising, its long-term growth concerns and recent profit declines could temper investor enthusiasm.