Why is DCM Shriram falling/rising?

As of 09-Jul, DCM Shriram Ltd. is experiencing a slight increase in its stock price, currently at 1,405.00, reflecting a change of 2.15 (0.15%) upward. The stock has shown strong performance recently, with a 3-day consecutive gain of 3.58% and a return of 40.42% over the past year, significantly outperforming the market benchmark, which has only returned 1.43%. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there is a notable decline in investor participation, with delivery volume falling by 68.89% compared to the 5-day average, which could be a concern for future price stability.
In the broader market context, DCM Shriram's recent performance has outpaced the Sensex, which has only increased by 0.15% over the past week. The stock's ability to service debt is strong, supported by a low Debt to EBITDA ratio of 0.65 times, which adds to investor confidence. Despite the drop in delivery volume, the stock's liquidity remains sufficient for trading, indicating that it can still attract buyers. Overall, the combination of strong historical returns and solid financial health contributes to the stock's upward movement, even as it faces challenges with declining investor engagement.