Why is DCM Shriram Inds falling/rising?

As of 17-Jul, DCM Shriram Industries Ltd is currently priced at Rs 170.60, reflecting a decrease of Rs 3.4 or 1.95%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 2.07%. It has also underperformed its sector by 1.52% today. The stock's performance over the past year shows a significant decline of 24.38%, while its profits have decreased by 12.1%. Additionally, the stock's ability to service debt is concerning, as indicated by a high Debt to EBITDA ratio of 2.72 times, which contributes to a negative outlook. Despite having an attractive valuation with a return on capital employed (ROCE) of 11.9 and trading at a discount compared to peers, the overall sentiment remains bearish due to poor long-term growth and low investor participation.
Broader market context indicates that while the stock has shown a slight increase of 0.38% over the past week, it has significantly lagged behind the benchmark Sensex, which has declined by 1.12% in the same period. Year-to-date, DCM Shriram Industries Ltd has underperformed the market, with a decline of 7.13% compared to the Sensex's gain of 5.27%. This underperformance, coupled with the broader market's positive trend, highlights the stock's struggles and the lack of confidence from domestic mutual funds, which hold no stake in the company.