Why is Syrma SGS Tech. falling/rising?

As of 04-Jul, Syrma SGS Technology Ltd is currently priced at 602.90, reflecting a decrease of 3.7 points or 0.61%. The stock has recently experienced a trend reversal, falling after eight consecutive days of gains. Despite this decline, it has outperformed the benchmark Sensex over the past week and month, with returns of 8.22% and 12.67%, respectively. However, today's performance shows that it underperformed its sector by 0.48%, and there has been a notable drop in investor participation, with delivery volume decreasing by 14.93% compared to the five-day average. While the company has demonstrated strong financial health with significant growth in net sales and profits, the recent decline may be attributed to the falling interest from institutional investors, who have reduced their stake by 2.03% in the last quarter.
In the broader market context, while Syrma SGS Technology Ltd has shown impressive returns over the past year, outperforming the BSE500 index significantly, the recent price movement indicates a shift in market sentiment. The stock's current decline contrasts with its strong historical performance, as it has generated a return of 19.02% in the last year compared to the market's 2.13%. This divergence suggests that while the company has solid fundamentals, the recent drop in price may reflect broader market dynamics or investor sentiment rather than a fundamental deterioration in the company's performance.