Why is Chalet Hotels falling/rising?

As of 15-Sep, Chalet Hotels Ltd's stock price is rising, currently at 1,052.40, reflecting an increase of 35.3 or 3.47%. The stock has shown strong performance today, having outperformed its sector by 2.26% and is only 2.62% away from its 52-week high of Rs 1080. The stock has gained after two consecutive days of decline and is trading above all key moving averages, indicating a positive trend. Over the past week, the stock has risen by 2.24%, and it has delivered a remarkable 201.46% return over the last three years, significantly outperforming the benchmark Sensex, which has only increased by 36.46% during the same period. However, there are concerns regarding management efficiency and high debt levels, which could impact future profitability.
Broader Market Context: The stock's recent rise comes amid a broader market context where the Sensex has increased by 1.24% over the past week. While Chalet Hotels has shown impressive returns, including a 12.80% rise over the past month compared to the Sensex's 1.47%, the company faces risks such as a low Return on Capital Employed (ROCE) and a high Debt to EBITDA ratio, which may affect investor sentiment. Despite these challenges, the company's strong sales growth and consistent returns over the past year have contributed to its upward price movement, indicating that investors remain optimistic about its long-term prospects.