Why is TVS Motor Co. falling/rising?

As of 05-Sep, TVS Motor Company Ltd is experiencing a price increase, currently at 3,476.95, reflecting a rise of 43.65 or 1.27%. The stock has shown strong performance recently, gaining 6.89% over the last six days and is currently just 1.9% away from its 52-week high. It has outperformed its sector by 0.27% today and is trading above all key moving averages, indicating positive momentum. The company has demonstrated high management efficiency with a return on capital employed (ROCE) of 19.66% and consistent growth in net sales and operating profit. Additionally, it has reported positive results for the last seven consecutive quarters, which has likely contributed to increased investor confidence and participation, as evidenced by an 80.92% rise in delivery volume.
In the broader market context, TVS Motor Company has significantly outperformed the benchmark Sensex, with a 1-week return of 5.91% compared to the Sensex's 1.13%, and a year-to-date return of 46.81% versus the Sensex's 3.29%. This strong performance relative to the benchmark suggests that investor sentiment towards the company remains robust, bolstered by high institutional holdings of 41.23%. However, it is important to note that the company does face risks, including a high Debt to EBITDA ratio of 3.21 times, which may impact its ability to service debt. Despite this, the overall positive financial indicators and consistent returns over the past three years have likely overshadowed these concerns, contributing to the stock's upward movement.