Why is Shyam Metalics falling/rising?

As of 25-Jul, Shyam Metalics & Energy Ltd's stock price is rising, currently at 967.05, reflecting an increase of 16.45 (1.73%). The stock has recently hit a new 52-week high of Rs. 974.85 and has outperformed its sector by 3.53%. Over the last two days, it has gained 4.63%, and it is trading above all key moving averages, indicating strong momentum. The company has shown impressive performance with the highest quarterly net sales and profit before tax figures reported recently. Additionally, there has been a notable increase in institutional investor participation, which has risen by 0.51% in the last quarter, suggesting growing confidence in the company's fundamentals. However, it is important to note that the company has faced challenges with a long-term decline in operating profit growth and a high valuation compared to its peers.
In the broader market context, Shyam Metalics has significantly outperformed the benchmark Sensex, which has seen a decline of 0.36% over the past week, while the stock itself has risen by 6.90%. This divergence highlights the stock's strong performance relative to the overall market. Furthermore, the stock's year-to-date return of 34.00% and annual return of 42.21% also contrast sharply with the Sensex's modest gain of 4.25% and 1.78%, respectively. This indicates that while the company is experiencing positive momentum and investor interest, the broader market may not be reflecting the same level of enthusiasm.