Why is Sinclairs Hotels falling/rising?

As of 19-Aug, Sinclairs Hotels Ltd is experiencing a slight increase in its stock price, currently at 98.40, reflecting a change of 0.45 or 0.46% upward. The stock's performance today is in line with the sector, and it is trading higher than its 5-day, 50-day, 100-day, and 200-day moving averages, although it is lower than the 20-day moving average. Despite this positive movement, the stock has shown a decline of 2.46% over the past month and a significant drop of 19.90% year-to-date. The company has reported negative results for the last three consecutive quarters, with a notable decrease in profits by 29.6%, and it is trading at a premium compared to its peers, which may deter investors. Furthermore, domestic mutual funds hold no stake in the company, indicating a lack of confidence in its valuation.
In the broader market context, Sinclairs Hotels has outperformed the benchmark Sensex in the short term, with a 1-week return of 2.50% compared to the Sensex's 1.76%. However, the stock's year-to-date performance is significantly worse than the benchmark, which has gained 4.49%. The falling investor participation, as indicated by a 26.71% drop in delivery volume, suggests a potential lack of interest or confidence among investors, which could further impact the stock's price negatively. Overall, while there are some short-term gains, the underlying financial challenges and market sentiment appear to be weighing heavily on the stock's performance.