Why is Viceroy Hotels falling/rising?

As of 15-Sep, Viceroy Hotels Ltd is experiencing a rise in its stock price, currently at Rs 118.35, reflecting an increase of Rs 2.3 or 1.98%. The stock has shown a trend reversal, gaining after three consecutive days of decline, and it outperformed its sector by 0.77%. Today, it reached an intraday high of Rs 118.75, indicating positive momentum. Additionally, Viceroy Hotels is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bullish trend. However, there has been a notable decrease in investor participation, with delivery volume dropping by 50.72% compared to the 5-day average, which may indicate a lack of sustained buying interest.
In the broader market context, Viceroy Hotels' short-term performance over the past week shows a gain of 0.30%, which is lower than the Sensex's increase of 1.24%. Over the past month, the stock has outperformed the benchmark, with a return of 12.61% compared to the Sensex's 1.47%. Despite the recent positive movement, the year-to-date performance remains negative at -3.39%, contrasting with the Sensex's gain of 4.67%. This mixed performance highlights the stock's volatility and the challenges it faces in maintaining investor confidence amidst fluctuating participation levels.