Why is Robust Hotels falling/rising?

As of 10-Jun, Robust Hotels Ltd is experiencing a price increase, currently at 249.80, reflecting a rise of 13.05 or 5.51%. The stock has shown strong performance today, outperforming its sector by 5.62% and has been on a consecutive gain streak for the last three days, accumulating an 8% return during this period. It opened with a significant gain of 7.71% and reached an intraday high of Rs 255. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. The company has reported positive financial results over the last three quarters, with substantial growth in profit before tax and net sales, contributing to its favorable valuation compared to peers.
In the broader market context, Robust Hotels has outperformed the benchmark, with a 1-week return of 6.09% compared to the Sensex's 2.05%, and a 1-month return of 9.71% against 3.70% for the benchmark. Despite a year-to-date decline of 7.79%, the stock has generated a remarkable 33.91% return over the past year, significantly higher than the market's 6.22%. This strong performance, coupled with rising investor participation and a favorable technical outlook, suggests that investor sentiment remains positive, supporting the stock's upward movement.