Why is Lemon Tree Hotel falling/rising?

As of 31-Jul, Lemon Tree Hotels Ltd is experiencing a slight decline in its stock price, currently at 149.85, reflecting a decrease of 0.15 or 0.1%. The stock has been on a downward trend, having fallen for the last six consecutive days, resulting in a total decline of 4.8% during this period. Despite this recent downturn, the company has reported positive financial results, including a 29.27% growth in net profit and strong operating profit metrics. Additionally, the company has shown consistent positive results over the last three quarters, which may support investor confidence. However, there has been a notable decrease in investor participation, with delivery volume dropping by 51.49% compared to the five-day average, indicating reduced trading interest.
In the broader market context, Lemon Tree Hotels has underperformed compared to the Sensex over the past week, with a decline of 3.97% against the benchmark's 1.22% drop. While the stock has shown a positive return of 7.46% over the past month, the year-to-date performance is down by 2.22%, contrasting with the Sensex's gain of 3.90%. The high institutional holdings at 41.31% suggest that informed investors are backing the company, which could provide some stability. However, the combination of recent price declines and falling investor participation may be contributing to a cautious sentiment among retail investors, impacting the stock's current performance.