Why is Benares Hotels falling/rising?

As of 09-Sep, Benares Hotels Ltd is experiencing a slight increase in its stock price, currently at 9,336.15, reflecting a change of 17.15 (0.18%) upward. The stock has shown a consistent performance, gaining for the last two days with a total return of 0.28% during this period. It is trading above its 5-day and 20-day moving averages, although it remains below its longer-term moving averages. The stock has demonstrated strong long-term growth, with an annual operating profit growth rate of 45.46% and positive results for the last 15 consecutive quarters. However, it also faces challenges, such as a high valuation indicated by a Price to Book Value of 7 and low domestic mutual fund participation, which may suggest caution among institutional investors.
In the broader market context, Benares Hotels' short-term performance has not matched the benchmark, as it has declined by 0.15% over the past week while the Sensex has increased by 1.18%. Despite this, the stock has outperformed the benchmark over longer periods, with a year-to-date return of 15.10% compared to the Sensex's 3.79%. The stock's liquidity appears adequate, with a significant rise in delivery volume, indicating increased investor interest. Overall, while the stock is currently rising, its high valuation and low institutional ownership may temper future growth expectations.