Why is Royal Orch.Hotel falling/rising?

As of 16-Jul, Royal Orchid Hotels Ltd is experiencing a price increase, currently at Rs 408.50, reflecting a rise of Rs 7.0 or 1.74%. The stock has shown strong performance recently, gaining 4.74% over the last four days and outperforming its sector by 0.86%. It is also trading close to its 52-week high, just 4.9% away from Rs 428.5. Over the past year, the stock has generated a return of 13.57%, significantly higher than the broader market's return of 0.47%. However, it is important to note that despite this positive price movement, the company has seen a decline in profits by 2.6% over the past year, which may temper investor enthusiasm.
In the broader market context, Royal Orchid Hotels Ltd's short-term performance has been notably strong, with a 4.64% return over the past week, contrasting sharply with the Sensex, which has declined by 1.08% during the same period. This indicates that the stock is not only performing well on its own but is also gaining traction against a backdrop of a struggling market. The stock's liquidity remains adequate, although there has been a decline in investor participation, with delivery volume falling by 43.83% against the five-day average. Overall, while the stock is rising, the mixed signals regarding profitability and investor engagement suggest a cautious outlook moving forward.