Why is Lemon Tree Hotel falling/rising?

As of 26-Aug, Lemon Tree Hotels Ltd is currently priced at 165.15, reflecting a decrease of 2.75, or 1.64%. The stock has been experiencing a decline, having fallen consecutively for the last two days, resulting in a total drop of 2.51% during this period. Despite this recent downturn, the stock has shown strong performance over the longer term, with a 24.50% increase over the past year and a remarkable 139.17% rise over the last three years. Additionally, the stock is trading above its moving averages across various time frames, indicating a generally positive trend. The company has also demonstrated healthy growth in operating profit and has reported positive results for the last four consecutive quarters, which may support investor confidence despite the recent price drop.
In the broader market context, Lemon Tree Hotels has outperformed the Sensex index, which has seen a decline of 1.05% over the past week, while the stock itself has gained 10.76% in the same timeframe. This indicates that, although the stock is currently experiencing a short-term decline, it has been performing well relative to the market overall. The increase in institutional holdings and rising investor participation further suggest that there is confidence in the company's long-term growth potential, which may help stabilize the stock's price in the future.