Why is TVS Motor Co. falling/rising?

As of 16-Jul, TVS Motor Company Ltd is experiencing a price increase, currently at 2,899.00, reflecting a rise of 13.95 or 0.48%. The stock has shown strong performance recently, having outperformed its sector by 0.36% today and has gained 5.24% over the last three days. It is also trading close to its 52-week high, just 2.14% away from Rs 2,960.9. The stock's performance over various periods has been impressive, with a year-to-date return of 22.40% and a three-year return of 232.44%. Positive factors contributing to this rise include high management efficiency, consistent growth in net sales and operating profit, and strong institutional holdings at 41.21%. However, the company faces risks due to a high Debt to EBITDA ratio of 3.20 times, which indicates a low ability to service debt.
In the broader market context, TVS Motor Company has outperformed the Sensex, which has declined by 1.08% over the past week while the stock itself has risen by 1.93%. This indicates that the stock is gaining traction despite a challenging market environment. The company's consistent returns over the last three years and positive financial results over the past six quarters further bolster investor confidence. However, the falling investor participation, as indicated by a decrease in delivery volume, could be a concern moving forward. Overall, the stock's recent upward movement is supported by strong fundamentals and positive market sentiment, despite some underlying risks.