Why is Royal Orch.Hotel falling/rising?

As of 12-Aug, Royal Orchid Hotels Ltd is experiencing a price increase, currently at 405.05, reflecting a rise of 5.05 or 1.26%. The stock has shown a positive trend today, having gained after two consecutive days of decline, and opened with a gain of 2.01%. It reached an intraday high of Rs 417.95, which is a 4.49% increase. Over the past week, the stock has outperformed the Sensex, with a return of +1.84% compared to the benchmark's -0.59%. Additionally, the stock has demonstrated strong performance over longer periods, with a year-to-date return of +13.36% and a one-year return of +15.79%. However, it is important to note that while the stock has performed well, its profits have decreased by -2.6% over the past year.
In the broader market context, Royal Orchid Hotels Ltd's recent performance contrasts positively with the Sensex, which has seen a decline of -2.75% over the past month. The stock's ability to outperform the benchmark in both the short and long term highlights its resilience in the current market environment. Despite a decrease in investor participation, as indicated by a 32.35% drop in delivery volume, the stock remains liquid enough for trading. The company'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, further supporting its upward price movement.