Why is Saj Hotels falling/rising?

As of 22-Jul, Saj Hotels Ltd is experiencing a price increase, currently at 65.00, reflecting a change of 0.95 or 1.48% upward. The stock has outperformed its sector today by 2.89%, although it is trading above its 5-day and 200-day moving averages while remaining below its 20-day, 50-day, and 100-day moving averages. Over the past week, the stock has shown a return of +1.56%, contrasting with a decline of -5.59% over the past month. Despite a healthy long-term growth rate in operating profit of 49.50%, the company faces challenges such as low management efficiency indicated by a Return on Equity (ROE) of 2.79%, which suggests low profitability relative to shareholders' funds.
In the broader market context, the Sensex has seen a slight decline of -0.54% over the past week, while Saj Hotels' positive performance indicates a relative strength against the benchmark. The stock's year-to-date return of +27.45% significantly outpaces the Sensex's +5.99%, suggesting strong investor interest despite a recent drop in delivery volume by 42.31% against the 5-day average. The company's low debt-to-equity ratio and majority ownership by promoters may provide some stability, but the expensive valuation and flat results in March 2025 could be weighing on investor sentiment. Overall, while the stock is currently rising, the mixed signals from its financial performance and market conditions suggest a cautious outlook.