Why is Lemon Tree Hotel falling/rising?

As of 20-Aug, Lemon Tree Hotels Ltd is experiencing a price increase, with its current price at Rs 155.60, reflecting a rise of Rs 6.5 or 4.36%. The stock has shown strong performance today, outperforming its sector by 0.69% and reaching an intraday high of Rs 157.6, which is a 5.7% increase. Over the past week, the stock has gained 5.71%, and it has also demonstrated impressive long-term growth, with a 25.23% return over the last year and a staggering 120.08% increase over the past three years. The company has consistently reported positive results, with significant growth in operating profit and net profit after tax, contributing to a healthy outlook and high institutional holdings of 41.31%.
In the broader market context, Lemon Tree Hotels has outperformed the benchmark Sensex, which has only increased by 1.64% over the past week. The hotel, resort, and restaurant sector has also seen a gain of 3.78%, indicating a favorable environment for the industry. However, there is a noted decline in investor participation, with delivery volume falling by 11.29% against the five-day average, which could be a concern for future trading activity. Despite this, the stock's liquidity remains adequate for trading, suggesting that while there may be some caution among investors, the overall performance metrics and positive financial results are driving the stock's upward movement.