Why is Royal Orch.Hotel falling/rising?

As of 21-Jul, Royal Orchid Hotels Ltd is experiencing a price increase, currently at Rs. 437.00, which reflects a rise of 9.1 or 2.13%. The stock has recently reached a new 52-week high of Rs. 441 and has shown strong performance, gaining 12.05% over the last seven days. It has outperformed its sector by 1.8% today and is trading above all key moving averages, indicating positive momentum. Additionally, the stock has demonstrated impressive returns over various periods, including a 28.62% increase over the past year and a staggering 631.38% over the last five years. Despite a slight decline in profits of -2.6% over the past year, the stock remains attractively valued compared to its peers, which supports its upward movement.
In the broader market context, Royal Orchid Hotels has significantly outperformed the benchmark Sensex, which has seen a slight decline of 0.06% over the past week and 0.25% over the past month. The stock's strong performance is further highlighted by its year-to-date return of 22.31%, compared to the Sensex's 5.20%. This indicates that while the overall market may be facing challenges, Royal Orchid Hotels is capitalizing on its favorable valuation and investor interest, leading to its rising stock price.