Why is TajGVK Hotels falling/rising?

As of 22-Sep, TajGVK Hotels & Resorts Ltd is experiencing a price increase, currently at 432.55, which reflects a rise of 3.3 or 0.77%. The stock has shown positive momentum, gaining for the last two days with a total return of 0.83% during this period. Despite a slight decline of 0.51% over the past week and 1.35% over the past month, the stock has performed well year-to-date with a return of 12.38% and an impressive 37.60% increase over the past year. The company has demonstrated strong financial health, indicated by a low Debt to EBITDA ratio of 1.15 times, a PAT growth of 142% in the latest quarter, and a favorable debt-equity ratio of 0.07 times. However, there is a noted decline in institutional investor participation, which may pose a risk to future price stability.
Broader market context indicates that while TajGVK Hotels has outperformed the benchmark Sensex in the long term, it has lagged in the short term, with the Sensex gaining 0.46% over the past week. The stock's recent performance has been bolstered by its strong fundamentals and fair valuation compared to peers, as evidenced by a PEG ratio of 0.4 and a return on equity of 17.9%. Despite the recent positive price movement, the decrease in institutional stakes could affect investor confidence moving forward, especially as these investors typically have more resources to analyze the company's fundamentals.