Why is SJS Enterprises falling/rising?

As of 12-Sep, S J S Enterprises Ltd is experiencing a slight increase in its stock price, currently at 1,399.15, reflecting a change of 3.0 or 0.21% upward. The stock has been gaining for the last two days, with a total return of 0.45% during this period. It is currently 3.99% away from its 52-week high of Rs 1455. Despite a recent decline in delivery volume, which fell by 62.82% against the 5-day average, the company has demonstrated strong performance over the past year, generating a return of 44.23%, significantly outperforming the BSE500. The company boasts high management efficiency, a low debt-to-equity ratio, and consistent positive results over the last six quarters, contributing to investor confidence.
In the broader market context, the stock's performance over the last week shows a decline of 0.25%, while the Sensex has increased by 1.48%. However, over the past month, S J S Enterprises has outperformed the benchmark with a return of 17.01% compared to the Sensex's 2.08%. The high institutional holdings at 45.25% indicate strong backing from knowledgeable investors, which may support the stock's stability despite its high valuation concerns, such as a Price to Book Value of 6.5. Overall, while the stock is currently rising, it faces challenges from declining investor participation and high valuation metrics.