Why is ITC Hotels falling/rising?

As of 22-Aug, ITC Hotels Ltd's stock price is currently at Rs 244.85, reflecting a decline of Rs 4.65 or 1.86%. The stock has underperformed its sector by 1.41% today and has experienced a trend reversal, falling after four consecutive days of gains. It touched an intraday low of Rs 244, which is a decrease of 2.2%. Despite this drop, ITC Hotels is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend over a longer period. Additionally, there has been a rise in investor participation, with a delivery volume increase of 15.02% compared to the 5-day average, suggesting ongoing interest in the stock. However, there is no information available regarding positive or negative factors affecting the stock.
In the broader market context, ITC Hotels has shown a 7.11% increase over the past week, significantly outperforming the Sensex, which has only risen by 0.88% during the same period. However, over the past month, ITC Hotels has slightly underperformed with a decline of 0.81%, while the Sensex has decreased by 1.07%. This indicates that while the stock has faced some short-term challenges, it has still managed to perform better than the benchmark in the recent week. Overall, the stock's recent decline can be attributed to a combination of profit-taking after previous gains and the broader market conditions, despite its relative strength in the short term.