Why is I R F C falling/rising?

As of 07-Aug, Indian Railway Finance Corporation Ltd (IRFC) is experiencing a decline in its stock price, currently at 127.10, reflecting a decrease of 0.4 or 0.31%. The stock has underperformed its sector today by 0.53% and has been on a consecutive downward trend for the last three days, resulting in a total drop of 2% during this period. Additionally, IRFC is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has declined by 1.01%, and it has seen a significant drop of 30.32% over the past year, despite a modest profit increase of 3.5%. The company has reported positive financial results, including the highest profit before tax and profit after tax for the quarter, alongside a low debt-equity ratio, which suggests a fair valuation; however, the stock's performance has not translated into positive price movement.
In the broader market context, the Sensex has decreased by 0.69% over the past week, indicating that while IRFC is underperforming, the overall market is also facing challenges. The stock's year-to-date performance shows a decline of 14.70%, contrasting sharply with the Sensex's gain of 3.18%, highlighting a significant divergence between IRFC's performance and that of the broader market. This underperformance may be attributed to investor sentiment and market conditions affecting the stock, despite its positive financial indicators.