Why is Sayaji (Indore) falling/rising?

As of 15-Jul, Sayaji Hotels (Indore) Ltd is experiencing a price increase, currently at 1,260.00, reflecting a rise of 59.0 or 4.91%. The stock has shown strong performance today, outperforming its sector by 3.23% and opening with a gain of 6.16%. It reached an intraday high of Rs 1275 and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 172.73% compared to the 5-day average. However, the stock has a weak long-term fundamental strength, evidenced by a 6.87% CAGR growth in operating profits and a decrease in promoter confidence, as promoters have reduced their stake by 2.72%.
In the broader market context, Sayaji Hotels has outperformed the benchmark Sensex over the past week, with a return of +0.96% compared to the Sensex's -1.36%. Over the past month, the stock has also shown a positive return of +3.63%, while the Sensex has gained +1.79%. Despite these short-term gains, the stock's long-term performance remains concerning, with only a 0.08% return over the past year, indicating potential volatility ahead. The combination of strong short-term trading activity and the underlying concerns regarding long-term fundamentals and promoter confidence may contribute to the stock's current upward movement, but caution is warranted due to these negative factors.