Why is DCM Shriram falling/rising?

As of 25-Jul, DCM Shriram Ltd. is experiencing a decline in its stock price, currently at Rs 1,386.10, which represents a decrease of Rs 32.2 or 2.27%. The stock has underperformed its sector by 0.28% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 3.8% during this period. Despite a strong year-to-date performance of 20.11% and a one-year return of 33.29%, the stock has recently faced challenges, including a day’s low of Rs 1,375.3 and a weighted average price indicating more volume traded near this low. The company maintains a high management efficiency with a return on capital employed (ROCE) of 17.26% and a low debt to EBITDA ratio of 0.65, which supports its ability to service debt, yet these positive factors have not prevented the recent price decline.
In the broader market context, DCM Shriram's short-term performance has been weaker compared to the benchmark, with a one-week return of -1.42% against the Sensex's -0.36%. The diversified sector has also seen a decline of 2.03%, contributing to the stock's downward movement. While the stock has outperformed the broader market over the longer term, the recent underperformance and consecutive falls indicate a shift in investor sentiment, despite rising delivery volumes suggesting increased investor participation. Overall, the combination of recent price movements, sector performance, and market conditions has led to the current decline in DCM Shriram's stock price.