Why is Viceroy Hotels falling/rising?

As of 11-Sep, Viceroy Hotels Ltd is experiencing a decline in its stock price, currently at Rs 116.30, which reflects a decrease of Rs 1.65 or 1.4%. The stock has underperformed its sector by 1.1% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 2.1%. Despite generating a return of 8.69% over the past year, the stock's long-term fundamental strength is weak, evidenced by a low Return on Capital Employed (ROCE) of 1.52% and a high Debt to EBITDA ratio of 60.00 times. Additionally, institutional investor participation has decreased, with a 0.6% reduction in their stake over the previous quarter, indicating a lack of confidence in the stock's future performance.
In the broader market context, Viceroy Hotels' short-term performance over the past week shows a modest gain of 0.35%, while the benchmark Sensex has increased by 1.03% in the same period. Although the stock has outperformed the BSE500 over the last three years, its recent price movements and declining institutional interest suggest that investors may be cautious. The stock's valuation appears expensive relative to its fundamentals, which could further contribute to its current downward trajectory.