Why is DCM Shriram falling/rising?

As of 29-Jul, DCM Shriram Ltd. is experiencing a price increase, currently at 1,425.00, reflecting a rise of 39.0 points or 2.81%. The stock has shown a positive trend today, gaining after three consecutive days of decline, and it reached an intraday high of Rs 1,425. The stock has outperformed its sector by 1.76%, although there has been a notable drop in investor participation, with delivery volume falling by 51.78% compared to the five-day average. Over the past week, the stock has increased by 2.30%, and it has demonstrated strong performance over longer periods, with a year-to-date return of 23.48% and a one-year return of 35.84%. The company's high management efficiency, indicated by a return on capital employed (ROCE) of 17.26%, and a low debt-to-EBITDA ratio of 0.65 times, further support its positive stock movement.
In the broader market context, DCM Shriram's recent performance stands in stark contrast to the benchmark, as the Sensex has declined by 1.03% over the past week. While the market has generated negative returns of -2.26% in the last year, DCM Shriram has managed to outperform significantly, showcasing its resilience and ability to attract investor interest despite broader market challenges. This strong performance relative to the benchmark, coupled with the company's solid financial metrics, suggests that investors are responding positively to its fundamentals, contributing to the stock's upward movement.