Why is Siyaram Silk falling/rising?

As of 10-Jul, Siyaram Silk Mills Ltd's stock price is currently at Rs 733.50, reflecting a decrease of Rs 11.9 or 1.6%. Today's performance indicates that the stock has underperformed its sector by 1.48% and has experienced a trend reversal after two consecutive days of gains. The stock touched an intraday low of Rs 726.8, marking a decline of 2.5%. Despite this, Siyaram Silk is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a positive return of 4.23%, although it has underperformed over the last month with a slight decline of 0.29%. The company has a low Debt to EBITDA ratio of 0.57 times, indicating a strong ability to service debt, and its attractive valuation is supported by a return on equity (ROE) of 15.4 and a price to book value of 2.6. Additionally, institutional investors have increased their stake, which may provide some support to the stock.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has generated a return of 41.19% over the past year, significantly outperforming the market's return of 4.09%. However, in the short term, the stock's performance has been less favorable, with a decline of 0.29% over the past month compared to a 0.97% increase in the Sensex. The falling investor participation, evidenced by a 28.37% drop in delivery volume against the 5-day average, may also contribute to the stock's downward pressure. Overall, while the stock has shown strong long-term performance, recent trends and market conditions suggest a cautious outlook in the short term.