Why is TVS Motor Co. falling/rising?

As of 14-Aug, TVS Motor Company Ltd is currently priced at 3,018.00, reflecting a decrease of 1.85 or 0.06%. The stock recently hit a new 52-week high of Rs. 3049.7, indicating strong performance, although it has experienced a slight decline today. Over the past week, the stock has shown a modest increase of 0.14%, and it has outperformed the benchmark Sensex, which fell by 0.03%. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend. Additionally, there has been a significant rise in investor participation, with delivery volumes increasing by 195.39% compared to the 5-day average. The company has demonstrated high management efficiency and consistent returns, with a notable growth in net sales and operating profit, contributing to a positive outlook.
In the broader market context, TVS Motor's performance has been strong relative to the Sensex, particularly over the past month, where it gained 7.59% compared to the benchmark's decline of 2.01%. Despite the recent price drop, the stock has shown impressive long-term growth, with a year-to-date return of 27.43% against the Sensex's 3.15%. However, there are concerns regarding the company's high Debt to EBITDA ratio of 3.21 times, which may affect its ability to service debt. While the stock is trading at a discount compared to its peers, its high valuation metrics, such as an enterprise value to capital employed ratio of 8.4, could pose risks. Overall, the stock's recent movement reflects a combination of strong operational performance and some underlying financial concerns.