Why is Lemon Tree Hotel falling/rising?

As of 14-Jul, Lemon Tree Hotels Ltd is currently priced at 152.10, reflecting a decrease of 1.15, or 0.75%. The stock has been experiencing a downward trend, having fallen for the last two consecutive days, resulting in a total decline of 3.7% during this period. Despite this recent drop, the stock has shown strong performance over the past week and month, with returns of 9.74% and 9.58%, respectively. Additionally, the company has reported positive financial results, including a 29.27% growth in net profit and consistent positive results over the last three quarters, which suggests underlying strength. However, there has been a notable decline in investor participation, with delivery volume decreasing by 23.12% against the five-day average, which may contribute to the stock's recent price movement.
In the broader market context, Lemon Tree Hotels has outperformed the Sensex over the past week and month, while it has lagged behind on a year-to-date basis, with a decline of 0.75% compared to the Sensex's gain of 5.27%. The stock's liquidity remains adequate for trading, with a delivery volume that supports a trade size of Rs 3.27 crore. The high institutional holdings at 40.59% indicate a level of confidence from more sophisticated investors, which could stabilize the stock in the long run. Overall, while the stock has shown strong historical returns and positive fundamentals, the recent decline in price may be attributed to reduced trading activity and short-term market fluctuations.