Why is Royal Orch.Hotel falling/rising?

As of 23-Jul, Royal Orchid Hotels Ltd's stock price is currently at 434.80, reflecting a decrease of 3.55, or 0.81%. The stock has recently reached a new 52-week high of Rs.446 but has experienced a trend reversal, falling after eight consecutive days of gains. Despite this decline, the stock has shown strong performance over various periods, with a 29.27% return over the past year and a remarkable 654.86% increase over the last five years. However, it is important to note that while the stock has outperformed the BSE500 in the long term, its profits have decreased by 2.6% over the past year, which may contribute to the current price movement. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 36.91% against the five-day average.
In the broader market context, the stock's performance over the past week has been notably strong, with a 6.44% increase compared to a modest 0.11% rise in the Sensex. This indicates that while the stock is experiencing a short-term decline, its overall performance remains robust relative to the market. The stock's liquidity is also sufficient for trading, as it is based on 2% of the five-day average traded value. However, the recent underperformance against its sector by 0.9% may reflect investor caution following its previous gains, suggesting a potential reassessment of its valuation amidst falling profits.