Why is I T D C falling/rising?

As of 11-Sep, India Tourism Development Corporation Ltd (ITDC) is experiencing a rise in its stock price, currently at 669.95, reflecting an increase of 15.8 points or 2.42%. The stock has been gaining momentum, having outperformed its sector by 2.72% today and achieving a remarkable 23.47% return over the last three days. It reached an intraday high of Rs 673.9, while the trading volume has significantly increased, with a delivery volume rising by 665.61% compared to the five-day average. Despite some negative indicators such as a flat PAT in the last quarter and a low cash position, the company benefits from a low debt-to-equity ratio and strong long-term growth in operating profit, which has grown at an annual rate of 131.54%.
In the broader market context, ITDC's short-term performance is notably strong, with a one-week return of 21.62%, significantly outpacing the Sensex's return of 1.03% during the same period. This trend indicates a robust investor interest in ITDC, despite the overall market conditions. The stock's performance over the past month also reflects a positive trajectory, with a 23.11% increase compared to the Sensex's 1.17%. However, it is important to note that the stock has underperformed over the past year, generating a return of -3.38% while the Sensex has remained nearly flat. This juxtaposition highlights the stock's recent recovery amidst broader market stability, suggesting that investor sentiment may be shifting positively towards ITDC.