Why is Syrma SGS Tech. falling/rising?

As of 22-Jul, Syrma SGS Technology Ltd is experiencing a slight increase in its stock price, currently at Rs 709.70, reflecting a change of 0.8 (0.11%) upwards. The stock has shown strong performance recently, gaining 2.01% over the past week and an impressive 39.79% over the last month, significantly outperforming the Sensex, which has declined by 0.47% and 0.27% respectively during the same periods. Today's price summary indicates that the stock is trading close to its 52-week high, just 2.66% away, and has been gaining for the last two days with a total return of 0.96%. Additionally, the company has demonstrated healthy long-term growth with net sales increasing at an annual rate of 36.11% and net profit growing by 34.79%. However, there are concerns regarding a decrease in institutional investor participation, which has fallen by 2.03% over the previous quarter.
In the broader market context, Syrma SGS Technology Ltd's recent performance stands in stark contrast to the benchmark, as it has generated a return of 50.68% over the past year, while the BSE500 index has only returned 0.99%. This significant outperformance highlights the company's strong fundamentals, including a low debt-to-equity ratio and positive quarterly results. However, the stock's valuation appears expensive with a ROCE of 11.4 and a PEG ratio of 1.3, which may raise concerns among investors. Despite these risks, the stock's liquidity remains strong, and the rising delivery volume indicates increased investor interest, suggesting that the positive momentum may continue in the near term.