Why is TVS Motor Co. falling/rising?

As of 07-Aug, TVS Motor Company Ltd is experiencing a price increase, currently at 3,013.75, reflecting a rise of 61.5 points or 2.08%. The stock reached a new 52-week high of Rs. 3020 today and has outperformed its sector by 0.72%. Over the past week, the stock has shown a strong performance with a return of 7.21%, while its year-to-date return stands at an impressive 27.25%. Positive factors contributing to this upward movement include high management efficiency, consistent positive results over the last seven quarters, and healthy long-term growth in net sales and operating profit. However, there are concerns regarding the company's high Debt to EBITDA ratio, which may affect its ability to service debt, and its relatively expensive valuation compared to peers.
In the broader market context, TVS Motor Company has significantly outperformed the benchmark Sensex, which has declined by 0.69% over the past week. This stark contrast highlights the stock's resilience and attractiveness to investors, particularly given its consistent returns over the last three years, where it has outperformed the BSE500 in each of the last three annual periods. Despite a recent decline in investor participation, indicated by a 21.25% drop in delivery volume, the stock remains liquid and appealing to institutional investors, who hold a significant portion of its shares.