Why is TVS Motor Co. falling/rising?

As of 19-Sep, TVS Motor Company Ltd is experiencing a slight decline in its stock price, currently at Rs 3,530.85, down by 13.15 points or 0.37%. Despite this minor decrease, the stock has shown strong performance over the past week, with a return of 1.05%, and an impressive 8.60% increase over the past month. The stock is trading above all its moving averages, indicating a generally positive trend. Additionally, 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 company faces risks due to a high Debt to EBITDA ratio of 3.21 times, which may affect its ability to service debt, potentially weighing on investor sentiment.
Broader market context indicates that while TVS Motor Company has outperformed the Sensex in various time frames, including a 49.08% year-to-date return compared to the Sensex's 5.74%, the overall market sentiment may still be cautious. The stock's recent performance aligns with sector trends, but the slight decline today could reflect broader market fluctuations or profit-taking by investors after a strong run. The high institutional holdings at 41.23% suggest that informed investors are backing the stock, which may provide some stability despite the current price dip.