Why is SRM Contractors falling/rising?

As of 26-Jun, SRM Contractors Ltd is currently priced at 490.00, with no change in price (0.00%). The stock has recently hit a new 52-week high of Rs. 507, indicating strong upward momentum. Over the past week, the stock has risen by 11.94%, and it has shown impressive performance over the last month and year, with increases of 22.81% and 168.71%, respectively. Despite this positive trajectory, there has been a notable decline in investor participation, with delivery volume dropping by 36.96% against the 5-day average. The company boasts a low debt-to-equity ratio and has reported significant growth in operating profit, which has contributed to its strong buy status. However, a slight decrease in institutional investor stakes may pose a risk to its continued growth.
In the broader market context, SRM Contractors has outperformed the benchmark Sensex, which has only increased by 2.94% over the past week and 6.46% over the past year. This substantial outperformance highlights the stock's strong market position and investor confidence. However, the declining participation from institutional investors, who have reduced their holdings, could indicate potential caution among more sophisticated market participants. Overall, while the stock is currently experiencing a positive trend, the falling participation from institutional investors may warrant attention as it could impact future price movements.