Why is SRM Contractors falling/rising?

As of 22-Jul, SRM Contractors Ltd is experiencing a decline in its stock price, currently at Rs 489.90, which reflects a decrease of Rs 22.9 or 4.47%. The stock has underperformed its sector by 4.78% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 4.84%. Despite a strong performance over the past year, where the stock has generated a return of 117.30%, recent trading activity shows a significant drop in investor participation, with delivery volume falling by 50.55% compared to the five-day average. The stock's moving averages indicate it is currently lower than the 5-day and 20-day averages, which may contribute to the negative sentiment.
In the broader market context, the stock has outperformed the benchmark Sensex over various periods, including a 1-week return of 1.81% compared to the benchmark's -0.47% and a year-to-date return of 22.95% versus 5.18%. However, the recent decline in stock price could be attributed to falling participation from institutional investors, who have reduced their stake by 0.91% in the last quarter, indicating a potential lack of confidence among more sophisticated market players. This decline in institutional interest, coupled with the stock's recent underperformance, may be influencing the current downward price movement despite the company's strong fundamentals and growth in operating profit.