Why is Gujarat Hotels falling/rising?

As of 09-Jul, Gujarat Hotels Ltd. is experiencing a price increase, currently at Rs 299.00, reflecting a rise of Rs 18.45 or 6.58%. The stock has shown strong performance today, outperforming its sector by 5.43% and has been on a consecutive gain streak for the last two days, accumulating a total return of 7.55% during this period. It opened with a gain of 2.64% and reached an intraday high of Rs 299.95. Over the past week, the stock has gained 10.13%, significantly outperforming the Sensex, which only increased by 0.15%. Additionally, Gujarat Hotels has demonstrated consistent returns over the last three years, with a 27.53% return in the past year, outperforming the BSE500 in each of the last three annual periods.
In the broader market context, while Gujarat Hotels has shown impressive short-term returns, the benchmark Sensex has only increased by 0.15% in the same week, highlighting the stock's strong relative performance. The stock's liquidity is adequate, with a delivery volume increase of 51% compared to the five-day average, indicating rising investor participation. The company maintains a low debt-to-equity ratio, which is favorable, and the majority of shareholders are promoters, suggesting stability in management. Overall, these factors contribute to the stock's upward movement, reflecting investor confidence and positive market sentiment.