Why is I R F C falling/rising?

As of 08-Aug, Indian Railway Finance Corporation Ltd (IRFC) is experiencing a decline in its stock price, currently at 125.25, which reflects a decrease of 1.85 or 1.46%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total drop of 3.43% 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 decreased by 1.26%, and it has significantly underperformed the benchmark Sensex, which has only declined by 0.92%. Despite a positive performance in terms of profit growth, with a 3.5% increase in profits over the past year, the stock has generated a substantial return of -30.76% over the same period, suggesting that investor sentiment remains cautious.
In the broader market context, IRFC's recent performance contrasts sharply with the Sensex, which has shown a year-to-date increase of 2.20%. The stock's negative returns over the past month and year highlight a troubling trend, especially when compared to the benchmark's relatively stable performance. While there has been an increase in investor participation, with delivery volumes rising, the overall liquidity remains low, which may contribute to the stock's downward pressure. The company's fair valuation and low debt-equity ratio are positive indicators; however, the high PEG ratio of 6.9 suggests that the stock may be overvalued relative to its growth prospects, further complicating its appeal to investors in the current market environment.