Why is Lemon Tree Hotel falling/rising?

As of 15-Sep, Lemon Tree Hotels Ltd is experiencing a price increase, currently at Rs 176.40, reflecting a rise of 1.3 (0.74%). The stock has shown a positive trend over the last three days, gaining 1.97% during this period. It is currently trading close to its 52-week high, just 2.38% away from Rs 180.6. Despite this upward movement, the stock underperformed its sector by 0.47% today, and there has been a notable decline in investor participation, with delivery volume falling by 34.48% against the five-day average. Over the past month, the stock has delivered a strong return of 21.45%, significantly outperforming the Sensex, which rose by only 1.47%. The company's robust long-term growth, with operating profit increasing at an annual rate of 38.86%, and consistent positive quarterly results have likely contributed to the stock's favorable performance.
In the broader market context, Lemon Tree Hotels Ltd's recent performance contrasts with the benchmark, as it has underperformed the Sensex in the short term while still showing strong long-term returns. The stock has outperformed the BSE500 over the last three years, one year, and three months, indicating a solid market position. High institutional holdings at 41.31% suggest confidence from larger investors, which can positively influence market sentiment. However, the decline in delivery volume may raise concerns about liquidity and investor interest, which could affect future price movements. Overall, while the stock is currently rising, the mixed signals regarding participation and sector performance warrant a cautious outlook.