Why is Mahindra Holiday falling/rising?

As of 29-Jul, Mahindra Holidays & Resorts India Ltd is currently priced at 361.50, reflecting an increase of 0.95, or 0.26%. The stock has been gaining for the last two days, with a total return of 0.67% during this period. However, the delivery volume has significantly decreased, falling by 68.83% compared to the 5-day average, indicating a drop in investor participation. Despite a year-to-date return of 1.22%, the stock has underperformed over the past year with a decline of 22.17%. On a positive note, the company's operating profit has grown at an annual rate of 30.36%, and it is trading at a discount compared to its peers, suggesting a fair valuation.
In the broader market context, the stock's short-term performance has been relatively stable, with a slight decline of 0.03% over the past week, while the benchmark Sensex has fallen by 1.03%. This indicates that Mahindra Holidays is holding up better than the overall market in the short term. However, over the past month, the stock has outperformed the Sensex, gaining 6.39% compared to the benchmark's decline of 3.24%. This resilience, coupled with the company's healthy long-term growth prospects and majority ownership by promoters, suggests that the stock may be viewed as a hold despite its recent volatility.