Why is DCM Shriram falling/rising?

As of 15-Jul, DCM Shriram Ltd. is experiencing a rise in its stock price, currently at 1,401.20, reflecting an increase of 36.1 points or 2.64%. The stock has shown strong performance recently, gaining 3.95% over the last three days and outperforming its sector by 1.9% today. Notably, the stock has generated a remarkable return of 40.65% over the past year, significantly surpassing the broader market's return of 0.37%. Additionally, the company maintains a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 0.65 times, which supports investor confidence and contributes positively to its recent price movement.
In the broader market context, DCM Shriram's short-term performance has been relatively stable, with a slight decline of 0.12% over the past week, while the benchmark Sensex has fallen by 1.36% during the same period. This indicates that DCM Shriram has managed to hold its ground better than the overall market. Furthermore, the stock's year-to-date return of 21.42% also outpaces the Sensex's 5.67%, showcasing its resilience and attractiveness to investors despite a recent drop in delivery volume, which fell by 70.55% against the five-day average. Overall, the combination of strong returns, solid debt management, and relative stability in a declining market contributes to the stock's upward price movement.