Why is Lemon Tree Hotel falling/rising?

As of 12-Sep, Lemon Tree Hotels Ltd is currently priced at 175.10, reflecting a slight increase of 0.4 (0.23%). The stock has been gaining momentum, having risen for the last two days with a total return of 1.21% during this period. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Additionally, the stock is close to its 52-week high, being only 3.14% away from the peak of Rs 180.6. The company has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 38.86%, and has reported positive results for the last four consecutive quarters, which has likely contributed to the recent price movement.
In the broader market context, Lemon Tree Hotels has underperformed the Sensex in the short term, with a 1-week return of -0.06% compared to the Sensex's gain of +1.48%. However, over the longer term, the stock has outperformed the benchmark, generating a 34.28% return over the past year, while the Sensex has declined by 1.28%. The high institutional holdings at 41.31% suggest confidence from larger investors, who have increased their stake by 0.72% over the previous quarter, further supporting the stock's positive outlook. This combination of strong fundamentals and investor confidence appears to be driving the stock's recent upward movement despite the short-term market fluctuations.