Why is Royal Orch.Hotel falling/rising?

As of 29-Jul, Royal Orchid Hotels Ltd is experiencing a price increase, currently at 430.65, which reflects a rise of 12.65 or 3.03%. The stock has shown a positive performance today, outperforming its sector by 2.54% and marking a trend reversal after four consecutive days of decline. It is also close to its 52-week high, just 3.56% away from Rs 446. Over the past month, the stock has gained 11.08%, significantly outperforming the Sensex, which has declined by 3.24%. Despite a recent drop in investor participation, as indicated by a 64.17% decrease in delivery volume, the stock maintains a strong long-term performance, with a 155.28% increase over the past three years and a 20.53% rise year-to-date.
In the broader market context, while Royal Orchid Hotels has shown a decline of 1.76% over the past week, it has outperformed the Sensex, which fell by 1.03% during the same period. The stock's attractive valuation, with a return on capital employed (ROCE) of 13.2 and a favorable enterprise value to capital employed ratio, suggests that it is trading at a discount compared to its peers. Additionally, the stock's ability to generate an 18.41% return over the past year, despite a slight decline in profits, indicates resilience and market confidence, contributing to its recent upward price movement.