Why is Syrma SGS Tech. falling/rising?

As of 12-Sep, Syrma SGS Technology Ltd is experiencing a decline in its stock price, currently at Rs 823.70, which reflects a decrease of Rs 11.4 or 1.37%. The stock has underperformed its sector by 3.43% today and has been on a consecutive downward trend for the last four days, accumulating a total decline of 4.77%. Despite a strong long-term performance with a 77.79% return over the past year and a 39.46% increase year-to-date, the stock's recent movement is negatively impacted by falling investor participation, as evidenced by a 33.28% drop in delivery volume compared to the five-day average. While the company has shown healthy growth in net sales and operating profit, and has positive results over the last four quarters, the current decline suggests short-term pressures outweigh these positive indicators.
In the broader market context, the stock's short-term performance of -0.88% over the past week contrasts sharply with the Sensex, which has gained 1.48% in the same period. This underperformance indicates that while Syrma SGS Technology Ltd has demonstrated strong long-term growth and institutional interest, it is currently facing challenges that are affecting its stock price negatively. The stock's valuation appears expensive with a high enterprise value to capital employed ratio, which may contribute to investor caution amid the recent price declines.