Why is TVS Motor Co. falling/rising?

As of 27-Jun, TVS Motor Company Ltd's stock price is rising, currently at 2,938.40, reflecting an increase of 12.4 points or 0.42%. The stock has been on an upward trend, gaining for the last four days and achieving a total return of 5.6% during this period. Additionally, it reached a new 52-week high of Rs.2959.95 today. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. The company has demonstrated high management efficiency with a return on capital employed (ROCE) of 19.67%, and it has reported positive results for the last six consecutive quarters, contributing to a healthy long-term growth outlook. However, the company faces risks due to a high Debt to EBITDA ratio of 3.20 times, which may affect its ability to service debt.
Broader market context shows that TVS Motor Company has outperformed the benchmark Sensex, with a 1-week return of 4.53% compared to the Sensex's 2.00%. Over the past month, the stock has increased by 4.94%, while the Sensex has risen by 3.07%. This consistent outperformance over various periods, including a year-to-date return of 24.07% against the Sensex's 7.58%, highlights the stock's strong performance relative to the broader market. The rising investor participation, evidenced by an increase in delivery volume, further supports the positive sentiment surrounding the stock.