Why is Dollar Industrie falling/rising?

As of 14-Nov, Dollar Industries Ltd is experiencing a price increase, with its current price at 369.65, reflecting a rise of 21.45 or 6.16%. The stock opened with a gain of 6% today and reached an intraday high of Rs 390, marking a 12% increase. Over the past week, the stock has outperformed the sector by 7.09%, and its performance over the last month shows a gain of 3.69%. Despite a year-to-date decline of 24.46%, the company has demonstrated a strong ability to service debt with a low Debt to EBITDA ratio of 1.50 times and a very attractive valuation indicated by a ROCE of 12.1. Additionally, institutional investors have increased their stake, which may contribute to positive sentiment around the stock.
In the broader market context, Dollar Industries' short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 1.62% over the past week. While the stock has faced challenges with a year-over-year decline of 25.62%, the recent uptick in investor participation and the stock trading at a discount compared to its peers may indicate a potential turnaround. However, it is important to note that the company has consistently underperformed against the benchmark over the last three years, which could temper long-term investor confidence despite the recent positive movements.