Why is Symphony falling/rising?

As of 10-Jul, Symphony Ltd. is experiencing a price increase, currently at 1,160.80, reflecting a rise of 9.45 or 0.82%. The stock has been on an upward trend, gaining for the last six days with a total return of 4.85% during this period. Despite a narrow trading range of Rs 11.1, the stock has outperformed its sector by 1.06%. In terms of returns, Symphony has shown a 2.91% increase over the past week, contrasting with a slight decline of 0.06% in the Sensex. However, the stock's year-to-date performance remains negative at -13.65%, while it has generated a modest return of 1.38% over the past year. Positive factors contributing to the stock's recent movement include high management efficiency, a strong return on equity (ROE) of 16.86%, and significant growth in net sales and profit after tax over the last six months.
In the broader market context, Symphony's recent performance has been favorable compared to the Sensex, particularly in the short term, where it has outperformed the benchmark over the last week. However, the stock's year-to-date decline contrasts sharply with the Sensex's gain of 6.46%, indicating a challenging market environment for Symphony. The falling investor participation, as evidenced by a 29.39% drop in delivery volume, could be a concern for future price movements. Despite these challenges, the company's strong financial metrics, including a low debt-to-equity ratio and fair valuation, suggest potential for recovery, although the stock is currently trading at a premium compared to its peers.