Why is DCM Shriram falling/rising?

As of 23-Jun, DCM Shriram Ltd. has experienced a price increase, currently trading at 1,190.00, reflecting a rise of 21.0 or 1.8%. The stock has shown strong performance today, outperforming its sector by 1.18% and has gained consecutively over the last two days, with a total return of 1.97% during this period. Despite opening with a loss of 3.76% and touching an intraday low of Rs 1125, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has a strong ability to service debt, indicated by a low Debt to EBITDA ratio of 0.65 times, and has generated a return of 16.78% over the past year, significantly higher than the market average of 2.78%. However, concerns about poor long-term growth are present, as operating profit has declined at an annual rate of -1.12% over the last five years.
In the broader market context, DCM Shriram's short-term return of 4.39% over the past week significantly outpaces the Sensex's return of 0.12%, indicating strong relative performance. The stock's liquidity is also favorable, with a delivery volume increase of 320.57% compared to the 5-day average, suggesting rising investor participation. However, the stock's valuation appears expensive with a high enterprise value to capital employed ratio of 2.4, and domestic mutual funds hold only a small stake of 1.16%, which may indicate a lack of confidence at current price levels. Overall, while the stock is rising in the short term, the mixed signals regarding long-term growth and valuation may temper investor enthusiasm.