Why is Stylam Industrie falling/rising?

As of 04-Aug, Stylam Industries Ltd is experiencing a price increase, currently at Rs 1,830.65, reflecting a rise of Rs 47.25 or 2.65%. The stock has shown positive momentum, gaining consecutively over the last two days with a total return of 4.53% during this period. Despite a recent underperformance in the one-week timeframe, where it declined by 1.33%, the stock has performed well over the past month with a notable increase of 13.46%. The company boasts high management efficiency with a return on equity (ROE) of 21.30% and a low debt-to-equity ratio of 0.06, contributing to its strong long-term fundamentals. However, it has faced challenges, including a decline in profits by 6.4% over the past year and a decrease in institutional investor participation, which may affect investor confidence.
In the broader market context, the Sensex has shown a slight increase of 0.16% over the past week, contrasting with Stylam's recent decline in the same period. While the stock has outperformed its sector by 1.89% today, the overall year-to-date performance remains negative at -17.77%, indicating that the stock has struggled compared to the benchmark's positive return of 3.69%. The falling participation from institutional investors, who have reduced their stake by 1.19%, suggests a cautious outlook among more sophisticated market players, potentially impacting the stock's future performance.