Why is Sh. Rama Multi. falling/rising?

As of 10-Jul, Shree Rama Multi-Tech Ltd's stock price is currently at 41.18, reflecting an increase of 0.18 or 0.44%. The stock has shown positive momentum, gaining for the last three days with a total return of 2.16% during this period. Despite a recent decline of 8.91% over the past month, the stock has outperformed the BSE500 index over the last year with a return of 28.93%. The company has reported outstanding financial results, including a remarkable 595.82% growth in net profit and positive results for the last five consecutive quarters, contributing to the stock's recent upward movement.
In the broader market context, the stock's short-term performance has been favorable compared to the benchmark, as it has increased by 0.73% over the past week while the Sensex has slightly declined by 0.06%. However, there are concerns regarding falling investor participation, as the delivery volume has decreased by 20.2% against the five-day average. Despite this, the stock remains liquid enough for trading, and its strong historical performance over the last three and five years indicates a solid long-term outlook, which may be supporting its current rise.