Why is Syrma SGS Tech. falling/rising?

As of 12-Nov, Syrma SGS Technology Ltd's stock price is rising, currently at Rs. 892.85, reflecting an increase of Rs. 62.2 or 7.49%. The stock has recently hit a new 52-week and all-time high of Rs. 900, demonstrating strong performance with a 13.81% increase over the past week and a remarkable 66.07% rise over the last year. The stock has been gaining for the last five consecutive days, outperforming its sector by 7.73%. Additionally, the company has shown robust financial health, with significant growth in net sales and operating profit, and a low debt-to-equity ratio, which has attracted high institutional holdings.
In the broader market context, Syrma SGS Technology Ltd has significantly outperformed the Sensex, which only increased by 1.21% over the past week. The company's strong fundamentals, including consistent positive results over the last five quarters and a high operating cash flow, contribute to its market-beating performance. Despite a very expensive valuation indicated by its ROCE and enterprise value metrics, the stock's trading at a discount compared to peers has likely fueled investor interest, resulting in increased trading volume and liquidity.