Why is TVS Motor Co. falling/rising?

As of 02-Sep, TVS Motor Company Ltd is experiencing a price increase, currently at 3,368.05, reflecting a rise of 12.05 or 0.36%. The stock has shown strong performance recently, gaining 3.42% over the last three days and achieving a new 52-week high of Rs. 3,395.2. Over the past month, the stock has risen by 17.81%, significantly outperforming the Sensex, which has declined by 0.55%. The company's strong fundamentals, including a high return on capital employed (ROCE) of 19.66% and consistent positive results over the last seven quarters, contribute to investor confidence. However, there is a noted decline in investor participation, with delivery volume falling by 41.95% against the five-day average, which may raise concerns about liquidity.
In the broader market context, TVS Motor's short-term performance contrasts sharply with the Sensex, which has decreased by 0.78% over the past week. This indicates that while the overall market may be facing headwinds, TVS Motor is managing to attract investor interest and maintain upward momentum. The company's high institutional holdings at 41.23% suggest that knowledgeable investors are backing it, further supporting its price rise. Nonetheless, the company faces risks, including a high Debt to EBITDA ratio of 3.21 times, which could impact its ability to service debt in the future.