Why is Syrma SGS Tech. falling/rising?

As of 01-Jul, Syrma SGS Technology Ltd is experiencing a price increase, currently at 586.00, reflecting a rise of 19.3 or 3.41%. The stock has shown strong performance recently, gaining 16.12% over the last six days and outperforming its sector by 4.52% today. It has also outperformed the benchmark Sensex over the past week and month, with returns of 11.05% and 8.79%, respectively. The company has reported positive financial results, including a significant growth in net sales and net profit, which has contributed to its favorable market performance. However, there is a noted decline in investor participation, with delivery volume falling by 30.42% against the five-day average, which may indicate some caution among investors.
Broader Market Context: The stock's recent performance contrasts with the broader market, as the Sensex has only increased by 2.00% over the past week and 2.76% over the past month. While Syrma SGS Technology Ltd has generated a return of 19.25% over the last year, significantly higher than the market's 3.20%, the decrease in institutional investor stakes by 2.03% may raise concerns about future support for the stock. Despite its strong recent performance and positive financial indicators, the stock's expensive valuation and declining institutional interest could pose risks moving forward.