Why is Syrma SGS Tech. falling/rising?

As of 15-Jul, Syrma SGS Technology Ltd's stock is rising, with a current price of Rs. 695.70, reflecting an increase of 14.2 points or 2.08%. The stock has recently reached a new 52-week high of Rs. 700 and has outperformed its sector by 2.24%. Over the last five days, it has gained 13.32%, indicating strong momentum. The company has demonstrated robust financial health, with net sales growing at an annual rate of 36.11% and net profit increasing by 34.79%. Despite a low debt-to-equity ratio and positive results over the last three quarters, there are concerns regarding an expensive valuation and a decrease in institutional investor participation, which may impact future performance.
Broader market context shows that Syrma SGS Technology Ltd has significantly outperformed the benchmark, with a one-week return of +13.32% compared to the Sensex's -1.36%. The stock's year-to-date return of +17.79% also exceeds the Sensex's +5.67%, highlighting its strong market position. However, the decline in institutional investor stakes by -2.03% may suggest caution among larger investors, which could influence market sentiment. Overall, while the stock is currently rising due to strong performance metrics and positive growth indicators, the mixed signals from institutional participation and valuation concerns warrant attention.