Why is Thomas Scott falling/rising?

As of 12-Aug, Thomas Scott India Ltd is experiencing a price increase, with its current price at Rs 304.95, reflecting a rise of Rs 14.5 or 4.99%. Today's performance indicates a trend reversal as the stock has gained after seven consecutive days of decline. It outperformed its sector by 5.91% today, reaching an intraday high of Rs 304.95. Despite this positive movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has shown strong financial health with a low Debt to EBITDA ratio and impressive growth in net sales and operating profit. However, it faces challenges due to its high valuation compared to peers and a slight decrease in institutional investor participation.
In the broader market context, the stock has underperformed the benchmark Sensex over the past week and month, with returns of -3.11% and -18.23%, respectively, compared to the Sensex's -0.59% and -2.75%. While the stock has generated a positive return of 9.64% over the past year, it has lagged behind the benchmark's performance year-to-date, where it has declined by 33.96% against the Sensex's increase of 2.68%. This juxtaposition highlights the stock's volatility and the mixed sentiment among investors, particularly institutional ones, which may impact its future performance.