Why is DCM Shriram Inds falling/rising?

As of 21-Jul, DCM Shriram Industries Ltd is experiencing a price increase, currently at Rs 177.00, reflecting a rise of 4.55 (2.64%). The stock has shown strong performance recently, outperforming its sector by 3.42% today and has gained 3.75% over the last two days. It opened with a gain of 2.46% and reached an intraday high of Rs 177.85. In the past week, the stock has risen by 5.33%, while over the past month, it has increased by 11.01%. However, despite these short-term gains, the stock has underperformed over the past year, with a decline of 16.13%. The company has an attractive valuation with a return on capital employed (ROCE) of 11.9, but it also faces challenges such as a high Debt to EBITDA ratio of 2.72 and declining profits, which may affect investor sentiment.
In the broader market context, while DCM Shriram Industries has shown positive short-term returns, the benchmark Sensex has remained relatively flat, with a slight decrease of 0.06% over the past week. This indicates that the stock's recent gains are not entirely reflective of broader market trends. Furthermore, the stock's long-term performance has been poor compared to the market, as it has generated negative returns of 16.13% over the past year, while the BSE500 index has returned 1.63%. The low participation from domestic mutual funds, holding 0% of the company, suggests a lack of confidence in the stock's future performance, which could weigh on its price movements despite recent gains.