Why is Sayaji Hot. Pune falling/rising?

As of 25-Aug, Sayaji Hotels (Pune) Ltd is experiencing a slight increase in its stock price, currently at 900.00, with a change of 1.05 (0.12%) upward. The stock has shown strong performance recently, with a consecutive gain over the last two days, resulting in a total increase of 6.13% during this period. It has outperformed its sector by 0.34% today and is trading above all key moving averages, indicating positive momentum. Additionally, the stock has demonstrated impressive returns over various periods, including a 16.88% increase over the past year, despite the broader market (BSE500) showing negative returns of -2.11%. The company's high management efficiency, reflected in a return on equity (ROE) of 23.11%, and a low debt-to-equity ratio contribute to its favorable outlook.
In the broader market context, Sayaji Hotels has significantly outperformed the benchmark Sensex, which has only risen by 0.45% over the past week, while Sayaji Hotels has increased by 5.88% in the same timeframe. This trend of outperformance is evident over longer periods as well, with the stock achieving a year-to-date return of 13.21% compared to the Sensex's 4.48%. The rising investor participation, as indicated by a substantial increase in delivery volume, further supports the stock's upward movement. Overall, the combination of strong company fundamentals and favorable market performance has led to the recent rise in Sayaji Hotels' stock price.