Why is Siyaram Silk falling/rising?

As of 08-Jul, Siyaram Silk Mills Ltd is experiencing a price increase, with its current price at Rs 733.90, reflecting a rise of Rs 35.85 or 5.14%. The stock has outperformed its sector by 5.02% today, reaching an intraday high of Rs 788.95, which is a 13.02% increase. Over the past week, the stock has gained 4.15%, and over the last month, it has risen by 5.20%. Despite a year-to-date decline of 16.19%, the stock has shown strong performance over the past year with a return of 38.80%. The company's low Debt to EBITDA ratio of 0.57 times and a return on equity (ROE) of 15.4 indicate a strong ability to service debt, while its attractive valuation at a Price to Book Value of 2.6 suggests it is trading at a discount compared to peers. Additionally, institutional investors have increased their stake, which may contribute positively to the stock's recent movement.
In the broader market context, the stock's short-term performance has significantly outpaced the benchmark, with a 1-week return of 4.15% compared to the Sensex's negligible increase of 0.02%. This indicates a strong relative strength in the stock amidst a generally stable market environment. However, it is worth noting that there has been a decline in investor participation, with delivery volume falling by 21.55% against the 5-day average, which could be a concern for future trading activity. Overall, while the stock is currently rising, the decrease in trading volume and liquidity may warrant caution moving forward.