Why is Lemon Tree Hotel falling/rising?

As of 05-Aug, Lemon Tree Hotels Ltd is experiencing a decline in its stock price, currently at Rs 144.00, which reflects a decrease of Rs 2.1 or 1.44%. The stock has been underperforming, having fallen consecutively for the last nine days, resulting in a total decline of 8.51% during this period. Additionally, the stock's performance today has underperformed its sector by 1.38%. While the stock has shown a positive return of 4.01% over the past month, it has a year-to-date decline of 6.04%. 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 may not be enough to counterbalance the recent negative price movements.
In the broader market context, the Sensex has only declined by 0.77% over the past week, indicating that Lemon Tree Hotels Ltd's short-term performance is lagging behind the benchmark. Despite high institutional holdings and consistent returns over the last three years, the company's high debt levels and weak long-term fundamental strength are significant concerns. The debt-to-equity ratio stands at 2.44 times, and the return on equity is relatively low at 6.09%. These factors contribute to the stock's current valuation challenges, leading to a cautious outlook among investors despite its recent positive financial results.