Why is DCM Shriram falling/rising?

As of 27-Oct, DCM Shriram Ltd. is experiencing a price increase, currently at 1,277.60, reflecting a rise of 52.7 points or 4.3%. The stock has shown strong performance today, outperforming its sector by 3.71% and achieving a consecutive gain over the last two days with a total return of 4.43%. Additionally, the stock has demonstrated impressive returns over various periods, including a 27.38% increase over the past year, significantly surpassing the market's average return of 6.77%. 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 price movement.
In the broader market context, DCM Shriram's short-term return of 2.75% over the past week is notably higher than the Sensex's return of 0.49%, indicating strong relative performance. The stock's liquidity remains adequate for trading, although there has been a decline in investor participation, as evidenced by a 34.5% drop in delivery volume compared to the five-day average. Despite this decrease in participation, the stock's consistent trading above its moving averages suggests a bullish trend, reinforcing the overall positive sentiment surrounding DCM Shriram Ltd.