Why is Syrma SGS Tech. falling/rising?

As of 18-Jul, Syrma SGS Technology Ltd is currently priced at Rs 702.95, reflecting a decrease of Rs 11.55 or 1.62%. The stock recently hit a new 52-week high of Rs 728.55 but has underperformed its sector by 0.91% today. Despite this drop, the stock has shown strong performance over the past week, gaining 3.60%, and has significantly outperformed the benchmark Sensex over the past month and year, with returns of 33.31% and 52.27%, respectively. However, there is a notable decline in investor participation, with delivery volume falling by 33.84% against the 5-day average, which may indicate reduced interest among investors. Additionally, while the company has demonstrated healthy growth in net sales and profits, its high valuation metrics and decreasing institutional investor stakes could be contributing to the current price decline.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has seen a decline of 0.90% over the past week. Although Syrma SGS Technology Ltd has outperformed the market significantly over the last year, the current drop in price may reflect broader market sentiments or concerns regarding its valuation and investor participation. The decrease in institutional ownership, which typically signals a lack of confidence from more sophisticated investors, could also be influencing the stock's price movement negatively.