Why is Syrma SGS Tech. falling/rising?

As of 18-Sep, Syrma SGS Technology Ltd is experiencing a price increase, currently at Rs 811.80, reflecting a rise of 13.65 points or 1.71%. Today's price performance indicates that the stock has outperformed its sector by 1.17%, reaching an intraday high of Rs 817.55. Over the past week, the stock has seen a decline of 2.79%, but it has shown strong growth over the past month with a return of 13.48%. The company has demonstrated healthy long-term growth with net sales increasing at an annual rate of 40.92% and operating profit at 42.30%. Additionally, the stock has seen rising investor participation, with delivery volume increasing by 23.79% compared to the 5-day average, which suggests growing interest among investors. Institutional investors have also increased their stake, indicating confidence in the company's fundamentals.
In the broader market context, while Syrma SGS Technology Ltd has outperformed the BSE500 over the past year with a return of 82.51%, the benchmark itself has only increased by 0.08%. This strong performance relative to the benchmark highlights the stock's resilience and attractiveness to investors. However, it is important to note that despite its impressive returns, the stock is considered to have a very expensive valuation, with a high enterprise value to capital employed ratio. This could pose a risk if the company's growth does not continue to meet investor expectations. Overall, the combination of positive financial results, increased institutional interest, and solid long-term performance contributes to the stock's rising price.