Why is Shakti Pumps falling/rising?

As of 01-Aug, Shakti Pumps (India) Ltd is currently priced at Rs 893.50, reflecting a slight increase of 1.4 (0.16%). The stock has shown a mixed performance recently, with a 1-week decline of 1.04% and a more significant 1-month drop of 6.54%. Despite this, the stock outperformed its sector today by 1.32% and reached an intraday high of Rs 915.15, indicating some positive momentum. However, it is trading below its moving averages across various timeframes, and there has been a notable decrease in investor participation, with delivery volume falling by 55.38% compared to the 5-day average. Positive factors supporting the stock include high management efficiency, a low debt-to-equity ratio, and strong growth in net sales and operating profit. Additionally, institutional investors have increased their stake, suggesting confidence in the company's fundamentals.
In the broader market context, Shakti Pumps has underperformed the benchmark Sensex in the short term, with a 1-week return of -1.04% compared to the Sensex's -1.06%. However, the stock has significantly outperformed the benchmark over the past three years, with a remarkable return of 1021.53%. While the stock has generated a return of 19.93% over the past year, concerns about its high valuation and the recent decline in trading volume may be contributing to cautious sentiment among investors. Overall, the stock's recent rise can be attributed to positive institutional interest and strong operational performance, despite the challenges posed by declining short-term returns and lower investor participation.