Why is Syrma SGS Tech. falling/rising?

As of 13-Aug, Syrma SGS Technology Ltd's stock price is rising, currently at Rs 695.00, reflecting an increase of Rs 21.4 or 3.18%. Today's performance indicates that the stock has outperformed its sector by 1.8%, reaching an intraday high of Rs 703.2, which is a 4.39% increase. Over the past week, the stock has seen a decline of 3.62%, but it has shown positive returns of 2.43% over the last month and an impressive 72.69% over the past year. The company has demonstrated strong fundamentals, with a low debt-to-equity ratio of 0.25 and significant growth in net sales and operating profit. Additionally, the stock has attracted increased participation from institutional investors, who now hold 15.49% of the company, indicating confidence in its long-term prospects.
In the broader market context, while the stock has experienced a short-term decline, it has significantly outperformed the benchmark index, the Sensex, which has shown a negligible change of -0.01% over the past week. The stock's year-to-date performance of 17.67% also surpasses the Sensex's 3.07% return, highlighting its resilience in a challenging market environment. Despite the recent dip in short-term performance, the overall positive trends in investor participation, consistent quarterly results, and strong growth metrics contribute to the stock's upward movement.