Why is Royal Orch.Hotel falling/rising?

As of 23-Sep, Royal Orchid Hotels Ltd is experiencing a price increase, currently at Rs 545.70, reflecting a rise of Rs 33.25 or 6.49%. The stock has shown strong performance recently, outperforming its sector by 8.13% today and achieving a consecutive gain over the last two days with a total return of 7.97%. Additionally, the stock has demonstrated impressive returns over various periods, including a 52.73% increase year-to-date and a remarkable 794.59% rise over the past five years. However, there has been a slight decline in investor participation, with delivery volume falling by 3.55% against the five-day average, which could indicate some caution among investors.
Broader Market Context: In comparison to the benchmark Sensex, which has seen a slight decline of 0.34% over the past week, Royal Orchid Hotels Ltd has outperformed with a gain of 5.35%. This trend continues over the past month, where the stock has risen by 14.91% while the Sensex has only increased by 0.98%. The strong performance of Royal Orchid Hotels Ltd amidst a generally flat market suggests that investor sentiment remains positive towards the company, despite the decrease in delivery volume, indicating a potential divergence in market perception between the stock and broader market trends.