Why is Royal Orch.Hotel falling/rising?

As of 18-Jul, Royal Orchid Hotels Ltd is experiencing a price increase, currently at 427.90, reflecting a rise of 15.65 or 3.8%. The stock has recently hit a new 52-week high of Rs. 433.9 and has been on a consecutive gain streak for the last six days, accumulating a total return of 9.72% during this period. Additionally, the stock has outperformed its sector by 2.91% today. Over the past year, it has generated a return of 21.13%, significantly outperforming the BSE500 index over various time frames, including 1 month, 1 year, and 3 years. Despite a slight decline in profits of -2.6% over the past year, the stock is trading at an attractive valuation compared to its peers, which may contribute to its positive momentum.
In the broader market context, Royal Orchid Hotels Ltd has shown a strong performance relative to the Sensex, with a 1-week return of +8.54% compared to the benchmark's -0.90%. This indicates that the stock is not only gaining in value but is also benefiting from rising investor participation, as evidenced by a 15.89% increase in delivery volume against the 5-day average. The stock's liquidity is also favorable, allowing for sufficient trading activity. Overall, the combination of strong recent performance, attractive valuation, and positive investor sentiment has contributed to the stock's upward movement in a market that is not performing as well.