Why is Lemon Tree Hotel falling/rising?

As of 16-Jul, Lemon Tree Hotels Ltd is currently priced at 154.10, reflecting an increase of 0.6 or 0.39%. The stock has shown a positive performance recently, gaining 1.31% over the last two days, although it underperformed its sector by 0.49% today. Over the past week, the stock has risen by 5.62%, and it has consistently outperformed the benchmark Sensex over the last three years, with a remarkable 139.29% increase compared to the benchmark's 53.71%. Despite this, there has been a significant drop in investor participation, with delivery volume falling by 69.55% against the five-day average. The company has reported strong financial results, including a 29.27% growth in net profit and positive results for the last three consecutive quarters, which have contributed to the stock's upward movement.
In the broader market context, while Lemon Tree Hotels has demonstrated strong short-term returns, outperforming the Sensex by 6.70% over the past week, the overall market has seen a decline of 1.08% during the same period. The stock's liquidity remains sufficient for trading, and high institutional holdings at 40.59% suggest confidence among more sophisticated investors. This combination of strong financial performance, consistent returns, and institutional support has helped sustain the stock's upward trajectory, despite the recent decline in trading volume.