Why is Lemon Tree Hotel falling/rising?

As of 05-Sep, Lemon Tree Hotels Ltd is experiencing a price increase, currently at Rs 175.20, which reflects a rise of 4.55 or 2.67%. The stock has recently hit a new 52-week and all-time high of Rs 177.95, demonstrating strong performance today with a 4.28% increase at its intraday peak. Over the past week, the stock has gained 5.77%, and it has outperformed the sector by 2.77%. Additionally, the stock has shown impressive returns over various periods, including a 21.96% increase over the last month and a substantial 33.49% rise over the past year. The company has also reported positive financial results for the last four consecutive quarters, with significant growth in operating profit and net profit after tax, contributing to a favorable outlook and rising investor confidence.
In the broader market context, Lemon Tree Hotels Ltd's short-term performance of 5.77% over the past week significantly outpaces the Sensex, which has only increased by 1.13% in the same timeframe. This strong relative performance highlights the stock's resilience and attractiveness to investors, particularly given the high institutional holdings of 41.31%, which indicate confidence from more knowledgeable investors. The stock's liquidity is also favorable, with a delivery volume that has risen by 92.03% against the five-day average, suggesting increased investor participation. Overall, the combination of strong financial results, positive market sentiment, and robust trading activity has contributed to the stock's rising price.