Why is The Byke Hospi. falling/rising?

As of 17-Oct, The Byke Hospitality Ltd is experiencing a decline in its stock price, currently at Rs 60.20, which reflects a decrease of Rs 2.13 or 3.42%. The stock has been underperforming significantly, having fallen consecutively for the last seven days, resulting in a total decline of 13.17% during this period. Today's trading saw the stock open with a gain of 2.49% but subsequently reached an intraday low of Rs 59.4, indicating high volatility with an intraday fluctuation of 5.36%. Additionally, the stock is trading below its moving averages across various time frames, and there has been a notable drop in investor participation, with delivery volume decreasing by 58.8% compared to the five-day average.
In the broader market context, The Byke Hospitality Ltd's performance has been significantly weaker than the benchmark Sensex, which has gained 1.76% over the past week while the stock has dropped by 9.53%. This trend continues over the past month, where the stock has decreased by 14.53% compared to a 1.52% increase in the Sensex. The stark contrast between the stock's performance and the benchmark suggests a lack of investor confidence and potential underlying issues affecting the company's outlook, contributing to its recent price decline.