Why is Indian Hotels Co falling/rising?

As of 25-Jun, Indian Hotels Co Ltd's stock price is rising, currently at Rs 782.60, reflecting an increase of Rs 19.4 or 2.54%. The stock has been on an upward trend, gaining for the last four consecutive days with a total return of 4.63% during this period. It has also touched an intraday high of Rs 787, indicating strong performance. The company is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests positive momentum. Despite a recent decline in delivery volume, the company has demonstrated a strong ability to service debt and has reported positive results for the last 14 consecutive quarters, contributing to investor confidence. Additionally, the stock has shown consistent returns over the past three years, outperforming the BSE 500 index.
In the broader market context, Indian Hotels Co Ltd's short-term performance has outpaced the benchmark Sensex, which has risen by 1.61% over the past week compared to the stock's 2.50% increase. This indicates that the stock is performing well relative to the market. The hotel, resort, and restaurant sector has also seen gains of 2.3%, further supporting the stock's upward movement. Despite a year-to-date decline of 10.70% compared to the Sensex's 5.91% increase, the long-term growth prospects remain strong, with a significant annual operating profit growth rate of 31.93%. The high institutional holdings at 46.15% suggest that informed investors are backing the stock, which may contribute to its rising price.