Why is SRM Contractors falling/rising?

As of 16-Jul, SRM Contractors Ltd is experiencing a price increase, currently at Rs 502.00, reflecting a rise of 20.8 points or 4.32%. The stock has shown strong performance, being only 1.46% away from its 52-week high of Rs 509.35. Today, it outperformed its sector by 3.2%, with an intraday high of Rs 502 and a low of Rs 471.4. Over the past week, the stock has gained 1.77%, and it has significantly outperformed the benchmark Sensex, which has declined by 1.08%. Additionally, the stock has generated a remarkable return of 141.35% over the past year, while its profits have risen by 126%, indicating robust financial health and investor confidence. However, there is a noted decline in investor participation, with delivery volume falling by 38.35% against the 5-day average.
In the broader market context, SRM Contractors has demonstrated a strong short-term return compared to the benchmark, as it has gained 12.89% over the past month while the Sensex has only increased by 1.02%. This outperformance highlights the company's strong fundamentals, including a low debt-to-equity ratio and impressive growth in operating profit. However, there are risks associated with falling participation from institutional investors, who have reduced their stake by 0.91% over the previous quarter. Despite this, the company's attractive valuation and consistent positive results over the last two quarters contribute to its rising stock price.