Why is Thomas Scott falling/rising?

As of 14-Aug, Thomas Scott India Ltd is experiencing a price increase, currently at Rs 336.15, reflecting a rise of Rs 16.0 or 5.0%. The stock has shown strong performance today, outperforming its sector by 5.14% and achieving a consecutive gain over the last three days with a total return of 15.73%. Despite touching an intraday low of Rs 310.05, the stock reached a high of Rs 336.15. Over the past week, the stock has increased by 10.25%, while it has faced a decline of 10.00% over the past month. The company has demonstrated a solid ability to service debt, evidenced by a low Debt to EBITDA ratio of 1.14 times, and has reported healthy long-term growth with net sales increasing at an annual rate of 49.24%. However, the stock is considered expensive with a high enterprise value to capital employed ratio, and institutional investor participation has decreased, which may impact future price movements.
In the broader market context, the stock's recent short-term return of 10.25% over the past week stands in stark contrast to the Sensex, which has remained nearly flat with a change of -0.03%. While the stock has generated a 29.79% return over the past year, it has outperformed the BSE500 consistently over the last three years. However, the overall market sentiment may be influenced by the declining participation of institutional investors, who have reduced their stake in the company, indicating potential caution among more sophisticated market players.