Why is SRF falling/rising?

As of 11-Aug, SRF Ltd. is experiencing a price increase, currently at 2,877.00, reflecting a rise of 27.0 or 0.95%. Despite this upward movement today, the stock has underperformed its sector by 1.32% and has been on a downward trend for four consecutive days prior to this gain. Over the past week, the stock has declined by 5.70%, and in the last month, it has dropped 9.50%. However, it has shown strong year-to-date performance with a 28.96% increase and a 12.60% rise over the past year, indicating a healthy long-term growth trajectory. The company benefits from high management efficiency, a low debt-to-EBITDA ratio, and strong sales growth, which contribute positively to its stock performance.
In the broader market context, while the Sensex has only decreased by 0.51% over the past week, SRF's significant decline of 5.70% indicates a relative weakness in the short term. However, the stock's year-to-date performance significantly outpaces the benchmark's 3.15% increase, showcasing its ability to generate returns despite recent volatility. The stock's liquidity remains adequate, and high institutional ownership suggests confidence in its fundamentals. Overall, while SRF has faced short-term challenges, its strong financial metrics and market position support its resilience and potential for recovery.