Why is Grand Continent falling/rising?

As of 11-Aug, Grand Continent Hotels Ltd is currently priced at Rs. 179.50, reflecting a decrease of Rs. 1.6 or 0.88%. The stock has recently hit a new 52-week and all-time high of Rs. 190.95 earlier today, indicating strong upward momentum prior to this decline. Despite the current drop, the stock has shown positive performance over the past week and month, with returns of +4.66% and +8.39%, respectively. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally bullish trend. The rising investor participation, evidenced by a significant increase in delivery volume, further supports the stock's recent performance, although it has underperformed its sector by 1.94% today.
In the broader market context, while Grand Continent has outperformed the Sensex over the past week and month, the benchmark itself has shown a decline of -0.56% and -2.25%, respectively. This indicates that the stock's recent performance is relatively strong compared to the overall market. However, the current price drop may reflect profit-taking after reaching a new high, which is common in stock movements. The absence of specific positive or negative factors in the dashboard limits further insights into the reasons behind the stock's fluctuations, but the overall liquidity remains sufficient for trading, suggesting that market conditions are stable for investors.