Why is TVS Motor Co. falling/rising?

As of 28-Aug, TVS Motor Company Ltd is experiencing a decline in its stock price, currently at 3,252.75, reflecting a decrease of 30.1 points or 0.92%. The stock has been underperforming recently, having fallen consecutively for the last three days, resulting in a total decline of 1.37% during this period. Despite hitting a new 52-week high of Rs. 3,333.5 earlier today, the stock's performance has lagged behind its sector by 0.78%. Over the past week, the stock has decreased by 0.83%, although it has shown a strong performance over the past month with a gain of 16.08%. The company's high management efficiency, consistent positive results over the last seven quarters, and strong institutional holdings suggest a solid foundation, but concerns regarding its high Debt to EBITDA ratio and expensive valuation may be contributing to the recent price drop.
In the broader market context, the stock's short-term performance has been better than the benchmark Sensex, which has declined by 2.34% over the same week. However, the overall market sentiment appears to be affecting investor participation, as evidenced by a 5.18% drop in delivery volume compared to the five-day average. While TVS Motor Company has outperformed the benchmark over longer periods, including a 37.34% increase year-to-date, the recent downward trend in price and investor engagement indicates a cautious outlook among investors, potentially influenced by the company's debt servicing capabilities and valuation concerns.