Why is ITC Hotels falling/rising?

As of 11-Sep, ITC Hotels Ltd is experiencing a slight increase in its stock price, currently at 246.75, reflecting a change of 0.65 or 0.26% upward. The stock has been on a positive trajectory, gaining for the last three days with a total return of 2.75% during this period. Additionally, ITC Hotels has outperformed its sector by 0.56% today and shows strong performance over the past month with a return of 7.96%, compared to the Sensex's 1.17%. The stock is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 3.69% against the 5-day average.
In the broader market context, ITC Hotels' short-term performance has outpaced the Sensex, which has increased by 1.03% over the past week. This suggests that while the overall market is experiencing growth, ITC Hotels is performing even better in comparison. The liquidity of the stock remains adequate for trading, with a value of Rs 0.98 crore based on 2% of the 5-day average traded value. Overall, the combination of strong recent performance, positive moving averages, and relative outperformance against the sector contributes to the stock's rising price, despite the noted decrease in investor participation.