Why is Howard Hotels falling/rising?

As of 06-Aug, Howard Hotels Ltd is experiencing a price increase, with its current price at Rs 26.84, reflecting a rise of 1.58 (6.25%). The stock has shown a trend reversal today, gaining after five consecutive days of decline. It opened with a significant gain of 6.25% and has maintained this price throughout the trading session. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive momentum. However, there has been a decline in investor participation, with delivery volume falling by 14.45% compared to the 5-day average, which may suggest caution among investors. The performance over the past month shows a 4.64% increase, contrasting with the Sensex's decline of 3.46%, highlighting the stock's relative strength.
In the broader market context, Howard Hotels' short-term return of -0.59% over the past week is better than the Sensex's decline of 1.15%, indicating that the stock is outperforming the benchmark in the short term. Year-to-date, the stock has underperformed with a decline of 2.29% compared to the Sensex's increase of 3.08%. However, over a longer horizon, the stock has significantly outperformed the benchmark, with a 354.92% increase over the past three years compared to the Sensex's 37.95%. This long-term performance may contribute to positive sentiment among investors, despite the recent fluctuations.