Why is DCM Shriram Inds falling/rising?

As of 18-Jul, DCM Shriram Industries Ltd is experiencing a price increase, currently at 172.45, reflecting a rise of 1.85 or 1.08%. The stock has shown a positive trend today, outperforming its sector by 1.21% and reversing a two-day decline. Over the past week, the stock has gained 1.77%, while in the last month, it has increased by 7.11%. Despite a year-to-date decline of 6.12% and a significant drop of 22.23% over the past year, the stock's attractive valuation, indicated by a return on capital employed (ROCE) of 11.9 and a lower trading price compared to peers, may be contributing to renewed investor interest. However, the company faces challenges such as a high Debt to EBITDA ratio of 2.72 times and a decline in profits by 12.1% over the past year, which could temper investor enthusiasm.
In the broader market context, the Sensex has shown a negative return of 0.90% over the past week, while DCM Shriram Industries Ltd has managed to rise, indicating a relative strength against the benchmark. The stock's performance today and over the past month suggests a potential recovery phase, especially with rising investor participation, as evidenced by a 52.36% increase in delivery volume. However, the company's long-term growth prospects remain uncertain, with net sales growth at only 2.76% annually over the last five years and a significant underperformance compared to the market over the past year. This mixed outlook may lead to cautious sentiment among investors despite the recent uptick in stock price.