Why is Benares Hotels falling/rising?

As of 29-Aug, Benares Hotels Ltd is currently priced at 9,206.00, reflecting a slight increase of 6.0 (0.07%). The stock has shown a trend reversal, gaining after two consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the short term. Despite this, the company has demonstrated strong performance over the long term, with a 13.50% year-to-date return and an impressive 309.16% return over the past three years. The company has maintained a low debt-to-equity ratio of 0.02 times and has reported positive results for the last 15 consecutive quarters, with significant growth in operating profit and net sales. However, the stock is considered expensive with a high price-to-book value of 6.9, and the lack of domestic mutual fund investment may suggest caution among institutional investors.
In the broader market context, Benares Hotels has outperformed the Sensex in the long term, generating an 18.52% return over the past year compared to the benchmark's decline of 2.83%. However, in the short term, the stock has underperformed the benchmark, with a 0.71% decline over the past week versus the Sensex's 1.84% drop. This indicates that while the stock has strong fundamentals and growth potential, its recent price movements may be influenced by broader market trends and investor sentiment, particularly given the falling investor participation and liquidity concerns.