Why is SRM Contractors falling/rising?

As of 08-Jul, SRM Contractors Ltd is experiencing a decline in its stock price, currently at Rs 476.80, which reflects a decrease of Rs 5.65 or 1.17%. The stock has underperformed its sector by 0.94% today and has been on a consecutive downward trend for the last four days, resulting in a total decline of 4.91% during this period. Despite a strong performance over the past year, with a return of 162.12%, the stock has seen a short-term drop of 4.36% over the last week, contrasting with a slight increase of 0.02% in the Sensex. Additionally, the stock's delivery volume has decreased by 23.96% compared to the five-day average, indicating falling investor participation.
In the broader market context, while SRM Contractors has shown impressive long-term growth with a 19.66% increase year-to-date and a significant rise in operating profit, the recent decline may be influenced by reduced institutional investor participation, which has decreased their stake by 0.91% in the last quarter. This decline in institutional interest could signal a lack of confidence among more sophisticated investors, potentially impacting retail investor sentiment as well. Overall, the combination of recent price declines, reduced trading volume, and falling institutional participation contributes to the stock's current downward movement.