Why is SRM Contractors falling/rising?

As of 01-Jul, SRM Contractors Ltd is experiencing a price increase, currently at Rs 498.55, reflecting a rise of 1.25 (0.25%). The stock has shown strong performance recently, gaining 4.5% over the last two days and outperforming its sector by 0.82%. It is also close to its 52-week high, just 1.69% away from Rs 507. Over the past year, the stock has generated an impressive return of 178.83%, significantly higher than the benchmark Sensex, which has only returned 5.31%. Key positive factors contributing to this rise include a low debt-to-equity ratio, robust growth in operating profit, and strong quarterly results, with net sales growing by 122.9% compared to the previous four-quarter average.
In the broader market context, SRM Contractors' short-term performance has outpaced the Sensex, which has increased by 2.00% over the past week, while SRM Contractors has risen by 3.77%. However, there are concerns regarding falling participation from institutional investors, who have reduced their stake by 0.91% in the previous quarter, which could impact the stock's future performance. Despite this, the company's attractive valuation and consistent profit growth suggest a positive outlook, although the decline in institutional interest may pose a risk to sustained momentum.