Why is ITC Hotels falling/rising?

As of 01-Sep, ITC Hotels Ltd is experiencing a price increase, currently at 244.55, reflecting a rise of 6.4 or 2.69%. The stock has shown a positive trend today, outperforming its sector by 2.61% and marking a reversal after five consecutive days of decline. It reached an intraday high of Rs 246.95, which is a 3.7% increase. Additionally, ITC Hotels is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has also seen a rise in investor participation, with a delivery volume of 15.97 lacs on 29 August, up by 13.33% compared to the 5-day average. There are no positive or negative factors explicitly mentioned that could further clarify the stock's recent movement.
In the broader market context, ITC Hotels has outperformed the benchmark Sensex over the past week, with a return of +0.49% compared to the Sensex's -1.56%. Over the past month, the stock has also shown a significant gain of +9.10%, while the Sensex has only marginally declined by -0.29%. This indicates that ITC Hotels is not only recovering from its recent downturn but is also gaining traction in a market that has been underperforming.