Why is Lemon Tree Hotel falling/rising?

As of 23-Sep, Lemon Tree Hotels Ltd is experiencing a price increase, currently at 170.80, reflecting a change of 1.2 (0.71%) upwards. The stock has shown a performance today that outperformed its sector by 2.35%. In terms of returns, over the past week, the stock has declined by 3.09%, but it has gained 0.83% over the past month. Year-to-date, it has risen by 11.45%, and over the last year, it has significantly outperformed with a 35.72% increase. The company has demonstrated healthy long-term growth, with operating profit growing at an annual rate of 38.86%, and it has reported positive results for the last four consecutive quarters, contributing to its recent price movement. Additionally, high institutional holdings at 41.31% indicate strong investor confidence, as these investors have increased their stake by 0.72% over the previous quarter.
In the broader market context, while Lemon Tree Hotels has outperformed the Sensex in the long term, it has faced a decline in the short term, contrasting with the benchmark's slight decrease of 0.34% over the past week. The stock's liquidity is also favorable, with a delivery volume that has risen by 26.63% against the 5-day average, suggesting increased investor participation. Overall, the combination of strong financial performance, institutional backing, and recent positive price movement contributes to the stock's resilience despite short-term fluctuations.