Why is Lemon Tree Hotel falling/rising?

As of 19-Sep, Lemon Tree Hotels Ltd is experiencing a price increase, currently at Rs 173.30, reflecting a rise of 1.2 (0.7%). The stock has shown a positive trend today, gaining after three consecutive days of decline, and it outperformed its sector by 1.73%. It is currently 4.21% away from its 52-week high of Rs 180.6 and reached an intraday high of Rs 177.75. Over the past month, the stock has appreciated by 16.23%, significantly outperforming the Sensex, which increased by only 1.20%. Additionally, the company has demonstrated strong financial performance, with a 41.69% growth in profit after tax over the last six months and consistent positive results over the past four quarters, contributing to a healthy long-term growth outlook.
In the broader market context, while Lemon Tree Hotels has shown a short-term decline of 1.03% over the past week, it has outperformed the Sensex, which gained 0.88% in the same period. The stock's long-term performance is notable, with a 37.32% return over the past year, significantly better than the Sensex's decline of 0.67%. Despite a recent drop in investor participation, as indicated by a 26.3% decrease in delivery volume, the stock remains liquid enough for trading. The high institutional holdings at 41.31% suggest confidence from knowledgeable investors, further supporting the stock's resilience and potential for continued growth.