Why is Robust Hotels falling/rising?

As of 08-Jul, Robust Hotels Ltd is experiencing a price increase, currently at Rs 284.90, reflecting a rise of 14.9 or 5.52%. The stock has shown strong performance today, outperforming its sector by 5.24% and achieving a consecutive gain over the last two days with a total return of 10.47%. Additionally, it has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The company has reported positive financial results for the last three consecutive quarters, with significant growth in profit before tax and net sales, contributing to a robust valuation compared to its peers. The stock's impressive one-year return of 57.40% further underscores its strong performance relative to the market.
In the broader market context, the stock's short-term return of 9.85% over the past week significantly outpaces the Sensex, which has only increased by 0.02% during the same period. This indicates that Robust Hotels is not only performing well on its own but is also gaining traction compared to the overall market. The rising investor participation, evidenced by a 258.54% increase in delivery volume, suggests growing confidence among investors, further supporting the stock's upward movement. Overall, the combination of strong financial results, attractive valuations, and market-beating performance contributes to the stock's rising price.