Why is SRM Contractors falling/rising?

As of 24-Jun, SRM Contractors Ltd's stock price is currently at 480.45, reflecting a decrease of 4.55, or 0.94%. Today, the stock has underperformed its sector by 2.02%, following a trend reversal after two consecutive days of gains. It reached a new 52-week high of Rs 497.95 earlier today but also touched a low of Rs 473.15 during intraday trading. Despite this decline, the stock has shown strong performance over the past week, with a return of 7.89%, and an impressive 162.04% increase over the past year. The company's fundamentals remain strong, with a low debt-to-equity ratio and significant growth in operating profit, which has contributed to its attractive valuation and market-beating performance.
In the broader market context, while SRM Contractors has experienced a decline today, its short-term return of 7.89% over the past week significantly outpaces the Sensex's return of 0.58% in the same period. However, there is a concern regarding falling participation from institutional investors, who have reduced their stake by 0.91% in the last quarter. This decline in institutional interest may impact the stock's stability and future performance, despite its strong historical returns and positive financial indicators.