Why is Shyam Metalics falling/rising?

As of 02-Jul, Shyam Metalics & Energy Ltd is currently priced at Rs 881.40, reflecting an increase of Rs 7.5 or 0.86%. The stock has shown a positive trend, gaining 3.44% over the last three days and outperforming the benchmark Sensex over the past week with a return of 4.93% compared to the Sensex's 0.79%. However, it is noteworthy that the stock underperformed its sector by 0.55% today, and there has been a significant drop in investor participation, with delivery volume falling by 35.88% against the five-day average. Despite this, the stock is trading above all key moving averages, indicating a strong price momentum. The company benefits from high management efficiency, a low debt-to-equity ratio, and increasing institutional investor participation, which collectively support its recent positive price movement.
In the broader market context, Shyam Metalics has outperformed the Sensex in the short term, with a 1-week return of 4.93% compared to the Sensex's 0.79%. Year-to-date, the stock has delivered a remarkable return of 22.13%, significantly higher than the Sensex's 6.75%. This strong performance is bolstered by consistent returns over the last three years, where the stock has outperformed the BSE500 annually. The increase in institutional investor stakes by 0.85% indicates growing confidence in the company's fundamentals, which may contribute to the stock's resilience despite the recent decline in trading volume.