Why is TVS Motor Co. falling/rising?

As of 18-Aug, TVS Motor Company Ltd's stock price is rising, currently at 3,220.25, reflecting an increase of 202.25 or 6.7%. The stock has shown strong performance today, opening with a gain of 4.38% and reaching an intraday high of Rs 3,254.45, which is a 7.83% increase. Over the past week, the stock has risen by 7.89%, and it has outperformed the sector by 1.98%. The company has demonstrated consistent growth, with net sales increasing at an annual rate of 23.92% and operating profit at 36.29%. Additionally, the company has reported positive results for the last seven consecutive quarters, contributing to investor confidence and a high institutional holding of 41.23%. However, the company does face risks, such as a high Debt to EBITDA ratio of 3.21 times, which may affect its ability to service debt.
Broader market context indicates that while TVS Motor Company has significantly outperformed the benchmark Sensex, which has only increased by 0.83% over the past week, the stock has delivered a remarkable 35.97% return year-to-date compared to the Sensex's 4.01%. The automobile sector, particularly two and three-wheelers, has gained by 4.78%, suggesting a favorable environment for the stock's performance. The liquidity of the stock is also strong, with a delivery volume that has risen by 71.16% against the five-day average, indicating increased investor participation. Overall, the combination of strong company fundamentals, positive market sentiment, and sector performance has contributed to the stock's upward movement.