Why is Lemon Tree Hotel falling/rising?

As of 09-Jul, Lemon Tree Hotels Ltd is currently priced at 145.90, reflecting a decrease of 0.8 or 0.55%. The stock has underperformed its sector by 1.7% today and has experienced a trend reversal after four consecutive days of gains. Despite this decline, the stock 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. Over the past week, the stock has increased by 5.46%, while it has risen 3.48% over the past month. However, year-to-date, it has decreased by 4.80%. The company has shown strong performance indicators, such as a 29.27% growth in net profit and positive results for the last three consecutive quarters, which may support investor confidence despite the current price drop.
In the broader market context, the Sensex has only increased by 0.15% over the past week, suggesting that Lemon Tree Hotels' recent performance is relatively strong compared to the benchmark. However, the stock's year-to-date performance is lagging behind the Sensex, which has gained 6.91%. The high institutional holdings at 40.59% indicate that knowledgeable investors are backing the company, which could provide stability and support for the stock in the long run. Overall, while the stock is facing a short-term decline, its strong fundamentals and investor participation may suggest potential for recovery.