Why is Robust Hotels falling/rising?

As of 25-Jun, Robust Hotels Ltd is experiencing a price increase, currently at 269.00, reflecting a change of 2.0 (0.75%) upward. The stock has shown strong performance recently, gaining 10.16% over the last eight days, although it underperformed its sector by 1.55% today. In terms of returns, the stock has increased by 29.26% over the past year, significantly outperforming the broader market, which has only returned 3.43%. The company has reported positive financial results for the last three consecutive quarters, with notable growth in profit before tax and net sales, contributing to its attractive valuation compared to peers.
In the broader market context, while Robust Hotels has outperformed the benchmark in the long term, its recent short-term performance has been stronger than the Sensex, which gained only 1.61% over the past week. However, there is a noted decline in investor participation, with delivery volume dropping significantly, which may indicate a potential concern for future trading activity. Despite this, the stock remains liquid enough for trading, and its strong fundamentals, including a low PEG ratio and substantial profit growth, suggest that the recent price rise is supported by solid financial health, even as it faces some challenges in market participation.