Why is The Byke Hospi. falling/rising?

As of 03-Sep, The Byke Hospitality Ltd is experiencing a price increase, with its current price at Rs 71.44, reflecting a rise of 1.44 (2.06%). Today's performance indicates a trend reversal as the stock has gained after three consecutive days of decline. It has outperformed its sector by 0.36%, and the delivery volume has significantly increased by 521.64% compared to the five-day average, suggesting rising investor participation. However, the stock is trading below its moving averages across various time frames, indicating potential underlying weakness. The company has a low Debt to Equity ratio of 0.08, but it also suffers from poor management efficiency, evidenced by a low Return on Equity (ROE) of 1.27%, and negative financial results in the recent quarter, which may weigh on investor sentiment.
In the broader market context, The Byke Hospitality Ltd's short-term return of +0.06% over the past week contrasts with the Sensex's decline of -0.27%, indicating relative strength in a challenging market environment. However, the stock has underperformed over longer periods, with a year-to-date return of -26.35% compared to the Sensex's +3.11%. This underperformance, coupled with a significant drop in profitability and a high Price to Book Value ratio of 1.7, suggests that while there may be short-term gains, the long-term outlook remains concerning, which could lead to volatility in the stock's price movements.