Why is Syrma SGS Tech. falling/rising?

As of 05-Sep, Syrma SGS Technology Ltd is experiencing a decline in its stock price, currently at Rs 831.05, down by 4.9 points or 0.59%. Despite this recent drop, the stock has shown strong performance over the past week and month, with returns of 10.37% and 15.86%, respectively. Today, the stock reached a new 52-week high of Rs 871.55 before falling, indicating a trend reversal after six consecutive days of gains. The stock is trading above its moving averages, and there has been a significant increase in investor participation, with delivery volume rising by 85.94% against the five-day average. Additionally, the company has demonstrated robust financial health, with a low debt-to-equity ratio and impressive growth in net sales and operating profit.
In the broader market context, Syrma SGS Technology Ltd has outperformed the Sensex, which has only seen a 1.13% increase over the past week. The stock's year-to-date return of 40.70% also surpasses the Sensex's 3.29% gain, highlighting its strong market position. However, the recent price decline may reflect profit-taking after a substantial rally, as well as concerns over its high valuation despite strong earnings growth. Institutional investors have increased their stake, indicating confidence in the company's fundamentals, but the stock's expensive valuation relative to its peers could be a factor in the current price movement.