Why is Syrma SGS Tech. falling/rising?

As of 04-Sep, Syrma SGS Technology Ltd's stock price is rising, currently at 835.95, reflecting an increase of 44.15 or 5.58%. The stock has recently reached a new 52-week and all-time high of Rs. 844.9, and it has been on a consecutive gain streak for the last six days, accumulating a total return of 14.84% during this period. Additionally, the stock has outperformed its sector by 6.16% today. The company has shown strong performance metrics, including a low debt-to-equity ratio of 0.25 and significant growth in net sales and operating profit. Institutional investors have also increased their stake, indicating confidence in the company's fundamentals, which have been consistently positive over the last four quarters.
In the broader market context, Syrma SGS Technology Ltd has significantly outperformed the Sensex, with a 1-week return of 12.75% compared to the benchmark's 0.80% and a year-to-date return of 41.53% against the Sensex's 3.30%. This strong performance highlights the stock's resilience and attractiveness to investors, particularly in contrast to the overall market trends. The company's ability to generate substantial returns over the past year, coupled with increasing institutional participation, further supports its upward price movement, despite the stock being considered expensive based on its valuation metrics.