Why is SRM Contractors falling/rising?

As of 03-Sep, SRM Contractors Ltd is experiencing a decline in its stock price, currently at Rs 469.40, which represents a decrease of Rs 5.25 or 1.11%. Today's performance indicates that the stock has underperformed its sector by 1.25%, with an intraday low of Rs 462.35, reflecting a drop of 2.59%. Over the past week, the stock has seen a slight decline of 0.49%, although it has shown a positive return of 1.68% over the past month and an impressive 79.16% increase over the past year. The company has demonstrated strong financial health, with a low debt-to-equity ratio and significant growth in operating profit, which has increased at an annual rate of 41.41%. Additionally, the company has reported positive results for the last three consecutive quarters, contributing to its attractive valuation.
In the broader market context, while SRM Contractors has outperformed the BSE500 index, which has generated negative returns of -4.38% over the past year, it has still faced some short-term challenges. The stock's recent performance has been affected by its underperformance relative to the sector today, despite rising investor participation, as indicated by an increase in delivery volume. The stock remains liquid enough for trading, but the current price movement suggests that investors may be reacting to short-term fluctuations despite the company's strong long-term growth prospects.