Why is TVS Holdings falling/rising?

As of 11-Aug, TVS Holdings Ltd is experiencing a decline in its stock price, currently at 11,161.55, reflecting a decrease of 102.0 points or 0.91%. The stock has underperformed its sector by 1.3% today and has been on a consecutive downward trend for the last five days, resulting in a total decline of 7.03% over that period. Despite positive financial results, including a 37.44% growth in net profit and consistent positive results over the last seven quarters, the stock's performance has been hindered by a significant drop in delivery volume, which fell by 64.94% against the five-day average. Additionally, the increase in pledged promoter shares to 23.06% raises concerns among investors, contributing to the stock's recent downward movement.
In the broader market context, TVS Holdings' short-term performance contrasts with the benchmark Sensex, which has only declined by 0.51% over the same one-week period. While the company has shown strong long-term growth, with a 143.94% return over three years, the recent negative sentiment and falling investor participation have overshadowed these achievements. The stock's year-to-date return of 5.04% still outpaces the Sensex's 3.15%, indicating that while the company has potential, current market conditions and investor behavior are negatively impacting its stock price.