Why is Surya Roshni falling/rising?

As of 12-Aug, Surya Roshni Ltd's stock price is currently at Rs 317.95, reflecting a decrease of Rs 2.4 or 0.75%. The stock has underperformed its sector by 1.08% today, having touched an intraday low of Rs 313, which represents a decline of 2.29%. Over the past week, the stock has seen a return of -1.36%, while its performance over the past month shows a decline of 2.51%. Despite these short-term declines, the company has demonstrated strong fundamentals, including a low Debt to EBITDA ratio of 0.79 times and a significant increase in cash and cash equivalents, which are at their highest levels. Additionally, institutional investors have increased their stake, indicating confidence in the company's long-term prospects.
In the broader market context, the Sensex has also experienced a slight decline of 0.59% over the past week, suggesting that the stock's recent performance is somewhat aligned with the overall market trend. However, Surya Roshni's year-to-date return of 7.04% significantly outpaces the Sensex's 2.68%, highlighting its relative strength over a longer period. The stock has consistently generated returns over the last three years, outperforming the BSE500 in each of the last three annual periods, which may provide a buffer against short-term volatility. Overall, while the stock is currently facing downward pressure, its strong fundamentals and institutional backing suggest potential for recovery in the future.