Why is Sr.Rayala.Hypo falling/rising?

As of 10-Jul, Sree Rayalaseema Hi-Strength Hypo Ltd's stock price is rising, currently at Rs 685.00, reflecting an increase of Rs 49.5 or 7.79%. The stock has outperformed its sector by 9.15% today and has experienced consecutive gains over the last two days. It reached an intraday high of Rs 693, indicating strong short-term momentum. Over the past week, the stock has gained 6.39%, while it has risen 7.42% over the past month. Despite these positive movements, the company has shown poor long-term growth, with net sales declining at an annual rate of -8.52% over the last five years and negative results for the last eight consecutive quarters. The stock is trading at a premium compared to its peers, with a Price to Book Value of 1.3, and while it has generated a return of 7.89% over the past year, profits have only risen by 3.5%.
In the broader market context, the Sensex has remained relatively flat, with a slight decrease of 0.06% over the past week. This indicates that the stock's short-term performance is significantly better than the benchmark, suggesting that investor sentiment towards Sree Rayalaseema Hi-Strength Hypo Ltd is currently more favorable compared to the overall market. However, the falling investor participation, as evidenced by a 10.32% drop in delivery volume, may indicate caution among investors despite the recent price increase. The low stake of domestic mutual funds at only 0.02% could also reflect a lack of confidence in the company's long-term prospects, which may temper enthusiasm for the stock's recent gains.