Why is Sinclairs Hotels falling/rising?

As of 18-Sep, Sinclairs Hotels Ltd is currently priced at 105.40, reflecting a decline of 3.6 points or 3.3%. The stock has underperformed its sector today, with a performance drop of 3.42%. It reached an intraday low of Rs 102.86, marking a decrease of 5.63%. Despite this decline, the stock has shown a positive return of 2.38% over the past year and has outperformed the BSE500 over the last three years, one year, and three months. The company maintains a low debt-to-equity ratio, which is favorable, but the recent price movement indicates some investor caution, as evidenced by the weighted average price being closer to the low price and the stock's performance against moving averages.
In the broader market context, the stock's short-term performance over the past week shows a decline of 7.14%, while the Sensex has increased by 1.80%. This stark contrast highlights the stock's underperformance relative to the benchmark. Although the stock has generated positive returns over the longer term, the recent downturn suggests that investors may be reacting to short-term volatility or market conditions that are affecting sentiment. The rising investor participation, indicated by an increase in delivery volume, may suggest that some investors are viewing the current price as an opportunity, but the overall market context remains challenging for Sinclairs Hotels at this time.