Why is Lemon Tree Hotel falling/rising?

As of 28-Jul, Lemon Tree Hotels Ltd is currently priced at 151.70, reflecting a decrease of 1.7, or 1.11%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 3.62%. Despite opening with a gain of 2.64% today and reaching an intraday high of Rs 157.45, the stock's performance has been hindered by a weighted average price closer to its low, indicating weaker trading activity. The stock's recent returns show a decline of 2.69% over the past week, while it has gained 9.18% over the past month. The company has reported positive financial results, including a 29.27% growth in net profit and consistent positive results over the last three quarters, but it also faces challenges such as high debt levels and weak long-term fundamental strength.
In the broader market context, Lemon Tree Hotels Ltd has underperformed the Sensex, which has declined by 1.59% over the past week compared to the stock's 2.69% drop. While the stock has shown strong returns over the longer term, outperforming the BSE500 in the last three years with a 128.81% increase, its recent performance contrasts with the benchmark's more stable returns. The high institutional holdings at 41.31% suggest confidence from larger investors, yet the company's high debt and low profitability metrics raise concerns about its long-term viability, contributing to the stock's current downward trend.