Why is Mac Hotels falling/rising?

As of 30-Oct, Mac Hotels Ltd is experiencing a price increase, currently at Rs 76.00, which reflects a rise of 7.0 or 10.14%. The stock has shown strong performance today, outperforming its sector by 9.83% and opening with a significant gain of 8.7%. It reached an intraday high of Rs 76.2, indicating positive momentum. Over the past week, the stock has risen by 10.14%, while its one-month return stands at 16.92%. However, it is important to note that the stock has not traded on 5 out of the last 20 days, suggesting some erratic trading behavior. Additionally, there has been a decline in investor participation, with delivery volume falling by 16.67% against the 5-day average, which could impact future price movements.
Broader Market Context: In comparison to the benchmark Sensex, which has seen a slight decline of 0.18% over the past week, Mac Hotels' performance is notably stronger. While the Sensex has gained 5.15% over the past month, Mac Hotels' 16.92% increase indicates a robust short-term performance relative to the broader market. Despite the stock's year-to-date performance being down by 8.98% compared to the Sensex's gain of 8.02%, the recent upward trend suggests a potential recovery phase. The stock's liquidity remains adequate for trading, which may support its ongoing price increase.