Why is Lemon Tree Hotel falling/rising?

As of 25-Aug, Lemon Tree Hotels Ltd is currently priced at Rs 167.90, reflecting a decrease of Rs 1.5 or 0.89%. The stock has recently experienced a trend reversal, falling after three consecutive days of gains. Despite this decline, the stock remains close to its 52-week high, just 4.23% away from Rs 175. In terms of performance, Lemon Tree Hotels has shown strong returns, with a 9.77% increase over the past week and a remarkable 27.34% rise over the last year, significantly outperforming the broader market indices, including the Sensex, which has only gained 0.68% in the same period. The company has also demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 38.86% and consistent positive results over the last four quarters.
In the broader market context, Lemon Tree Hotels has outperformed the benchmark indices in both the short and long term, with a 9.45% increase over the past month compared to a mere 0.21% for the Sensex. The stock's liquidity remains strong, supported by high institutional holdings of 41.31%, which have increased by 0.72% over the previous quarter, indicating confidence from larger investors. However, the stock underperformed its sector by 0.67% today, which may have contributed to the slight decline in price. Overall, while the stock is currently experiencing a dip, its strong fundamentals and historical performance suggest a resilient outlook.