Why is I R F C falling/rising?

As of 05-Aug, Indian Railway Finance Corporation Ltd (IRFC) is currently priced at 128.30, reflecting a decrease of 1.4 points or 1.08%. The stock has underperformed its sector by 0.99% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 2.99%, and it has seen a significant drop of 28.50% over the past year, while its profits have only risen by 3.5%. Despite positive financial results in June, including the highest profit before tax and profit after tax, the stock's performance remains concerning, particularly given the low domestic mutual fund ownership of just 1.83%, which may indicate a lack of confidence among institutional investors.
In the broader market context, the stock's performance has been notably weaker compared to the benchmark Sensex, which has gained 2.48% over the past year, while IRFC has experienced a substantial decline. The stock's year-to-date performance shows a drop of 13.89%, contrasting sharply with the Sensex's increase of 3.29%. This underperformance, coupled with the company's high PEG ratio of 7.1 and the fact that it is trading at a premium compared to its peers, suggests that investor sentiment is cautious, contributing to the stock's downward trajectory.