Why is Sinclairs Hotels falling/rising?

As of 30-Jul, Sinclairs Hotels Ltd is currently priced at 99.99, reflecting a decline of 2.01 (-1.97%). The stock has underperformed its sector today by 1.71% and has experienced consecutive falls over the last two days, totaling a drop of 2.92%. The stock reached an intraday low of Rs 99.38, indicating a significant downward movement. In terms of returns, the stock has seen a 7.94% decline over the past week, while it has performed better over the past month with an increase of 8.77%. However, the long-term outlook appears weak, with a year-to-date decline of 18.61% and a concerning drop in profits of 31.9% over the past year. The company's low Debt to Equity ratio is a positive aspect, but its poor long-term growth, with net sales and operating profit growing at only 3.29% and 2.33% respectively over the last five years, raises concerns. Additionally, the stock's high valuation compared to peers and the lack of investment from domestic mutual funds suggest a lack of confidence in its future performance.
In the broader market context, the Sensex has declined by 1.50% over the past week, indicating that the stock's short-term performance is worse than the benchmark. While Sinclairs Hotels has outperformed the Sensex over the past month, the overall trend shows a significant underperformance year-to-date compared to the index's 4.28% gain. The falling investor participation, as evidenced by an 88.21% drop in delivery volume, further underscores the lack of confidence among investors. This combination of poor financial results, high valuation, and low institutional interest contributes to the stock's downward trajectory in the current market environment.