Why is TVS Motor Co. falling/rising?

As of 21-Aug, TVS Motor Company Ltd's stock price is rising, currently at 3,279.85, reflecting an increase of 48.25 or 1.49%. The stock has recently hit a new 52-week high of Rs 3,306.75 and has outperformed its sector by 1.47%. Over the past week, the stock has gained 8.68%, and in the last month, it has risen by 15.86%. Despite a decrease in delivery volume by 34.32% against the 5-day average, the stock remains liquid enough for trading. The company's strong performance is supported by high management efficiency, consistent positive results over the last seven quarters, and significant growth in net sales and operating profit. However, it faces risks due to a high Debt to EBITDA ratio of 3.21 times, indicating a low ability to service debt.
In the broader market context, TVS Motor Company has significantly outperformed the benchmark Sensex, which has only increased by 1.74% over the past week. The stock's year-to-date return stands at 38.48%, compared to the Sensex's 4.94%, showcasing its strong performance relative to the market. The company's high institutional holdings at 41.23% suggest confidence from larger investors, further bolstering its stock price. Overall, the combination of strong financial metrics and positive investor sentiment contributes to the stock's upward movement, despite some concerns regarding its debt levels.