Why is Sayaji Hot. Pune falling/rising?

As of 22-Sep, Sayaji Hotels (Pune) Ltd is experiencing a price increase, currently at 870.00, reflecting a rise of 10.45 or 1.22%. Today's price summary indicates that the stock has outperformed its sector by 1.83% and has shown a trend reversal after two consecutive days of decline. It opened with a significant gain of 16.33% and reached an intraday high of Rs 999.95, although it also faced a low of Rs 840 during the day. The stock has been trading above its moving averages across various time frames, indicating positive momentum. Despite this, there has been a notable decline in investor participation, with delivery volume dropping by 57.92% against the five-day average. The stock has generated a return of 10.96% over the past year, significantly outperforming the broader market's negative return of -2.82%.
In the broader market context, Sayaji Hotels' short-term performance over the past week shows a return of +2.38%, which is substantially higher than the Sensex's +0.46%. This indicates that the stock is gaining traction relative to the market. The company's strong management efficiency, evidenced by a high return on equity of 23.11% and a low debt-to-equity ratio, further supports its positive outlook. Despite the recent volatility and falling delivery volumes, the stock's ability to maintain a market-beating performance suggests resilience and potential for continued growth.