Why is Chalet Hotels falling/rising?

As of 18-Sep, Chalet Hotels Ltd is currently priced at 1,059.20, reflecting a slight increase of 1.2 (0.11%). The stock is trading close to its 52-week high, just 1.96% away from Rs 1080, and has shown strong performance, with a 3.98% increase over the past week and a 10.34% rise over the past month. Despite a recent decline in investor participation, as evidenced by a 39.5% drop in delivery volume, the stock remains above its moving averages across various time frames. The company has demonstrated healthy long-term growth, with a significant annual operating profit growth rate of 40.98% and outstanding results in recent quarters, contributing to its strong performance relative to the BSE500.
In the broader market context, Chalet Hotels has outperformed the Sensex, which has only increased by 1.80% over the past week and 2.14% over the past month, while Chalet Hotels has achieved returns of 3.98% and 10.34%, respectively. However, the stock faces risks, including poor management efficiency indicated by a low ROCE of 5.54% and a high Debt to EBITDA ratio of 101.52 times, which may affect its ability to service debt. Additionally, the high percentage of pledged promoter shares could exert downward pressure in adverse market conditions. Despite these risks, the stock's consistent returns over the last three years and its strong recent performance suggest a resilient position in the market.