Why is Howard Hotels falling/rising?

As of 24-Sep, Howard Hotels Ltd is experiencing a price increase, with its current price at Rs 30.98, reflecting a change of Rs 2.38 or 8.32%. The stock has shown strong performance recently, gaining 21.44% over the past week and outperforming its sector by 9.17% today. It has also achieved a significant rise in the last five days, with a notable intraday high of Rs 33.45. The company has reported positive results for the last three consecutive quarters, with a higher PAT of Rs 0.06 crore in the latest six months, contributing to its consistent returns over the past year and three years. However, it is important to note that the company faces challenges, including operating losses and weak long-term fundamental strength, which could impact investor sentiment.
In the broader market context, Howard Hotels Ltd has significantly outperformed the Sensex, which has declined by 1.18% over the past week while the stock has risen by 21.44%. This stark contrast highlights the stock's strong momentum relative to the market. Despite the positive short-term performance, the company's weak ability to service its debt and high valuation metrics may raise concerns among investors looking for long-term stability. Overall, while the stock is currently rising due to strong recent performance and positive quarterly results, underlying financial challenges could pose risks moving forward.