Why is Sayaji (Indore) falling/rising?

As of 24-Jun, Sayaji Hotels (Indore) Ltd is experiencing a price increase, currently at Rs 1,248.00, reflecting a rise of 9.0 points or 0.73%. The stock has shown a positive performance today, gaining 8.31% over the last two days and opening with a gap up of 4.84%. It has also reached an intraday high of Rs 1,299. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong short-term trend. However, there are concerns regarding falling investor participation, as the delivery volume has decreased by 23.81% compared to the 5-day average. While the stock has generated a modest return of 1.06% over the past year, its profits have increased by 47%, leading to a PEG ratio of 0.8, which suggests that the stock may be undervalued despite its high price-to-book ratio of 6.1.
In the broader market context, Sayaji Hotels has outperformed the Sensex in the short term, with a 1-week return of 8.52% compared to the benchmark's 0.58%. However, over the longer term, the stock has underperformed, with a 1-month return of -3.89% against the Sensex's 0.41%. This divergence highlights the stock's recent volatility and potential investor sentiment shifts. Despite the positive short-term movements, the company faces challenges such as weak long-term fundamental strength and a relatively expensive valuation, which could impact future performance and investor confidence.