Why is Syrma SGS Tech. falling/rising?

As of 29-Jul, Syrma SGS Technology Ltd's stock price is currently at Rs 746.40, reflecting a slight increase of 0.4 (0.05%). The stock has recently hit a new 52-week and all-time high of Rs 755 and has shown strong performance over the last four days, gaining 6.56%. In the past week, the stock has outperformed the Sensex, rising by 5.17% compared to the benchmark's decline of 1.03%. The company has demonstrated healthy growth, with net sales increasing at an annual rate of 40.92% and operating profit at 42.30%. Additionally, institutional investors have increased their stake, indicating growing confidence in the company's fundamentals.
Broader market context shows that while the stock has been performing well, the overall market, represented by the BSE500, has generated negative returns of -2.26% over the past year. Despite this, Syrma SGS Technology Ltd has managed to deliver a remarkable return of 55.18% during the same period. This strong performance contrasts with the broader market trend and highlights the company's resilience and attractiveness to investors, particularly given its low debt-to-equity ratio and consistent positive results over the last four quarters.