Why is Syrma SGS Tech. falling/rising?

As of 24-Sep, Syrma SGS Technology Ltd's stock price is rising, currently at Rs 857.40, reflecting an increase of Rs 39.65 or 4.85%. The stock has shown strong performance recently, gaining 5.04% over the last two days and outperforming its sector by 4.9% today. It is also close to its 52-week high, just 1.91% away from Rs 873.8. Over the past week, the stock has risen by 7.42%, and it has delivered impressive returns of 94.75% over the past year, significantly outperforming the BSE500 index. The company has demonstrated healthy growth, with net sales increasing at an annual rate of 40.92% and operating profit at 42.30%. Furthermore, the company has reported positive results for the last four consecutive quarters, contributing to investor confidence.
In the broader market context, while the Sensex has declined by 1.18% over the past week, Syrma SGS Technology Ltd has managed to rise, showcasing its resilience and strong market position. The stock's performance is particularly notable given its long-term outperformance, with a return of 197.24% over the last three years compared to the benchmark's 40.65%. Despite a recent decline in investor participation, as indicated by a 54.11% drop in delivery volume, the stock remains liquid enough for trading, which may help sustain its upward momentum. Overall, the combination of strong financial performance, positive market sentiment, and relative outperformance against the benchmark contributes to the stock's rising price.