Why is TVS Motor Co. falling/rising?

As of 26-Aug, TVS Motor Company Ltd is experiencing a slight decline in its stock price, currently at Rs 3,282.85, reflecting a decrease of -2.2 (-0.07%). The stock has underperformed its sector by -0.42% today and has been on a consecutive downward trend for the last two days, resulting in a total loss of -0.46% during this period. Despite this recent dip, the stock has shown strong performance over the past month with an increase of +18.30%, and it is currently trading close to its 52-week high, just 0.99% away from Rs 3,315.25. The company has demonstrated high management efficiency and consistent growth, with net sales increasing at an annual rate of 23.92% and operating profit at 36.29%. However, the stock's high Debt to EBITDA ratio of 3.21 times raises concerns about its ability to service debt, which may be contributing to the recent price decline.
In the broader market context, TVS Motor Company has outperformed the Sensex over various time frames, including a +38.61% year-to-date return compared to the Sensex's +3.39%. However, the stock's recent performance contrasts with the benchmark's -1.05% decline over the past week. The falling investor participation, indicated by a significant drop in delivery volume, may also be impacting the stock's price negatively. While the stock remains liquid enough for trading, the combination of high valuations and concerns over debt servicing could be influencing investor sentiment, leading to the current price movement.