Why is SRM Contractors falling/rising?

As of 27-Jun, SRM Contractors Ltd is experiencing a decline in its stock price, currently at 477.10, which reflects a decrease of 12.9 points or 2.63%. Despite this drop, the stock has shown strong performance over the past week and month, with returns of 7.21% and 19.10%, respectively. Today's trading saw the stock open with a gain of 2.03% and reach an intraday high of Rs 499.95, but it also touched a low of Rs 471.05. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. However, it underperformed its sector by 4.48% today. The company has demonstrated impressive growth metrics, including a significant increase in operating profit and net sales, which have contributed to its strong buy recommendation. Nonetheless, a slight decrease in institutional investor participation poses a risk to its future performance.
In the broader market context, SRM Contractors has outperformed the benchmark Sensex over the past year, generating a return of 169.09% compared to the Sensex's 6.08%. This substantial outperformance highlights the company's strong fundamentals and growth potential. However, the recent decline in stock price, despite positive long-term growth indicators, may reflect market volatility or profit-taking by investors after a period of strong gains. The decrease in institutional investor stakes could also be influencing market sentiment, as these investors typically have more resources to analyze the company's fundamentals.