Why is ITC Hotels falling/rising?

As of 21-Jul, ITC Hotels Ltd is currently priced at 251.50, reflecting a decrease of 3.15, or 1.24%. The stock has recently hit a new 52-week high of Rs. 261.35 but has fallen after three consecutive days of gains. Today, it underperformed its sector by 1.57%, with an intraday high of Rs. 261.35 and a low of Rs. 249.25. Despite this decline, the stock has shown strong performance over the past week and month, with returns of 8.66% and 18.38%, respectively. Additionally, ITC Hotels is trading above its moving averages across various time frames, indicating a generally positive trend. However, the lack of specific positive or negative factors in the dashboard limits a comprehensive analysis of the stock's recent movement.
Broader Market Context: In comparison to the benchmark Sensex, which has seen a slight decline of 0.06% over the past week and 0.25% over the past month, ITC Hotels has significantly outperformed in the short term. This suggests that while the stock is experiencing a temporary pullback, its overall performance remains strong relative to the broader market. The rising investor participation, evidenced by a notable increase in delivery volume, indicates continued interest in the stock, which may support its recovery in the near future.