Why is TVS Motor Co. falling/rising?

As of 25-Aug, TVS Motor Company Ltd is experiencing a decline in its stock price, currently at 3,285.05, which represents a decrease of 12.85 points or 0.39%. Despite this recent drop, the stock has shown strong performance over the past week, gaining 2.01%, and has significantly outperformed the Sensex over the last month with an 18.38% increase compared to the benchmark's 0.21%. Today's price summary indicates that the stock hit a new 52-week high of Rs. 3,315.25 earlier in the day but has since underperformed its sector by 1.09%. The stock has also seen a trend reversal after two consecutive days of gains, and there has been a notable decline in investor participation, with delivery volume falling by 8.91% against the five-day average.
In the broader market context, while TVS Motor Company has shown impressive returns over the long term, including a 38.70% increase year-to-date, the recent downturn may be attributed to its high Debt to EBITDA ratio of 3.21 times, which raises concerns about its ability to service debt. Additionally, despite its high management efficiency and consistent returns, the stock is perceived as expensive with a PEG ratio of 1.7, suggesting that its valuation may be a factor in the current price movement. Overall, while the stock has strong fundamentals and institutional backing, the recent price decline reflects a combination of profit-taking after hitting highs and concerns over debt servicing capabilities.