IND HOTELS ... FII keeps on increasing their stake at lower levels. They have been bought this stock from August 2023- December 2023. Aggressively. At that time stock is not outperforming, only consolidation was happening.
After the completion of their accumulation, the stock skyrocketed. Now almost 96% return from their bought levels.
It's a trap for retail people like you and me to buy this, they happily sell by manipulating another 5-10% from here.