Why is Dam Capital Advi falling/rising?

As of 08-Oct, Dam Capital Advisors Ltd is experiencing a price increase, currently at Rs 249.95, reflecting a rise of Rs 3.6 or 1.46%. The stock has shown strong performance recently, outperforming its sector by 2% today and achieving a consecutive gain over the last five days with a total return of 7.25%. Additionally, the stock has outperformed the benchmark Sensex over the past week and month, with returns of +5.18% and +11.04%, respectively. However, the company has faced challenges, including a significant decline in net sales of -15.75% and negative results over the last two quarters, which have contributed to a year-to-date decline of -34.48%. Despite a strong long-term return on equity (ROE) of 39.70% and healthy growth in net sales and operating profit, the stock's valuation is considered expensive, which may impact investor sentiment.
In the broader market context, while Dam Capital Advisors Ltd has shown positive short-term returns, the benchmark Sensex has only increased by +0.98% over the past week and +1.22% over the past month. This indicates that the stock is performing well relative to the market. However, the decrease in institutional investor participation, with a reduction of -2.34% in their stake, suggests a cautious outlook among more sophisticated investors. This decline in institutional interest, combined with the company's recent negative financial results, could pose risks to the stock's future performance despite its current upward movement.