Why is Royal Orch.Hotel falling/rising?

As of 24-Sep, Royal Orchid Hotels Ltd is currently priced at 546.25, reflecting a slight increase of 0.55 (0.1%). The stock has shown strong performance recently, gaining 8.08% over the last three days and outperforming its sector by 0.95% today. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, the stock has demonstrated impressive returns, with a 52.88% increase year-to-date and a 49.84% rise over the past year, while its operating profit has grown at an annual rate of 62.97%. The stock is considered to have a fair valuation and is trading at a discount compared to its peers, which supports its recent upward movement.
In the broader market context, Royal Orchid Hotels has significantly outperformed the Sensex, which has declined by 1.18% over the past week, while the stock itself has risen by 7.08%. This contrast highlights the stock's strong market position and investor confidence. The rising investor participation, evidenced by a 441% increase in delivery volume, further underscores the positive sentiment surrounding the stock. Overall, the combination of strong financial performance, favorable valuation, and positive market dynamics contributes to the stock's rising price.