Why is Chalet Hotels falling/rising?

As of 26-Aug, Chalet Hotels Ltd's stock is currently priced at 1,001.70, reflecting a decrease of 30.45 points or 2.95%. Today's price summary indicates that the stock underperformed its sector by 1.04%, touching an intraday low of Rs 1,001.70. Despite this decline, the stock has shown strong performance over the past week and month, with returns of 4.91% and 9.60%, respectively. Additionally, the company has demonstrated robust long-term growth, with a significant annual operating profit growth rate of 40.98% and impressive net sales growth of 71.38%. The stock has consistently delivered positive results over the last three quarters, contributing to its strong performance over the past year, where it outperformed the BSE500 with a return of 20.91%.
In the broader market context, while Chalet Hotels has experienced a decline today, it has outperformed the Sensex over the past week and month, contrasting with the benchmark's losses of 1.05% and 0.83%, respectively. The stock's strong historical performance, including a remarkable 207.13% increase over the past three years, suggests that the current dip may be viewed as a temporary setback rather than a long-term trend. The rising investor participation, indicated by an increase in delivery volume, further supports the notion that the stock remains attractive to investors despite today's decline.