Why is Jindal Hotels falling/rising?

As of 15-Oct, Jindal Hotels Ltd is experiencing a price increase, currently at Rs 81.69, reflecting a rise of Rs 2.74 or 3.47%. The stock has shown a trend reversal, gaining after three consecutive days of decline. Today, it outperformed its sector by 2.49% and reached an intraday high of Rs 81.99. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term downward trend. Despite this, there has been a rise in investor participation, with delivery volume increasing by 2.87% against the 5-day average, suggesting renewed interest in the stock.
In the broader market context, Jindal Hotels' performance over the past week shows a slight gain of 0.23%, while the benchmark Sensex has increased by 1.02%. Over the past month, however, Jindal Hotels has underperformed, with a decline of 3.94% compared to a 1.00% rise in the Sensex. Year-to-date, the stock is down 16.64%, contrasting with the Sensex's gain of 5.72%. This indicates that while there may be short-term positive movements, the stock has faced significant challenges in the longer term relative to the broader market.