Why is TVS Motor Co. falling/rising?

As of 22-Aug, TVS Motor Company Ltd's stock price is rising, currently at 3,297.90, reflecting an increase of 18.05 or 0.55%. The stock has been performing well, gaining 2.05% over the last two days and is just 0.27% away from its 52-week high. It has outperformed its sector by 0.98% today and is trading above all key moving averages, indicating strong momentum. The company has demonstrated high management efficiency with a return on capital employed (ROCE) of 19.66%, and it has reported positive results for the last seven consecutive quarters, contributing to a healthy long-term growth outlook with net sales growing at an annual rate of 23.92%. However, the stock faces risks due to a high Debt to EBITDA ratio of 3.21 times, which may affect its ability to service debt.
Broader market context shows that TVS Motor Company has significantly outperformed the benchmark Sensex, with a 1-week return of +9.27% compared to the Sensex's +0.88%, and a year-to-date return of +39.25% against the Sensex's +4.05%. This strong performance highlights the stock's resilience and attractiveness to investors, especially in light of its high institutional holdings at 41.23%, suggesting confidence from more sophisticated investors. Despite a slight decline in delivery volume, the stock's liquidity remains adequate, supporting its upward price movement in a generally stable market environment.