Why is UVS Hospitality falling/rising?

As of 30-Jul, UVS Hospitality & Services Ltd is experiencing a rise in its stock price, currently at Rs 138.90, reflecting an increase of 4.1 (3.04%). The stock has shown a strong performance today, having outperformed its sector by 2.94% and gaining 5.15% over the last two days. It opened with a significant gain of 4.9% and reached an intraday high of Rs 141.4. In terms of returns, the stock has increased by 6.03% over the past week and 6.85% over the past month, while it has generated a modest 2.32% return over the last year. Positive financial results, including a 69.4% growth in net sales and a substantial increase in profit after tax, have contributed to this upward movement. However, the stock faces challenges due to operating losses and a weak long-term fundamental strength, as indicated by a high price-to-book value ratio and low domestic mutual fund ownership.
In the broader market context, UVS Hospitality's recent performance contrasts sharply with the benchmark Sensex, which has declined by 1.50% over the past week and 2.54% over the past month. This indicates that while the stock is gaining traction, the overall market sentiment is bearish. The company's ability to outperform the benchmark in both the short and long term, particularly over the last three years, suggests that it is positioned favorably compared to its peers, despite the concerns regarding its valuation and investor participation.