Why is I R F C falling/rising?

As of 13-Aug, Indian Railway Finance Corporation Ltd (IRFC) is experiencing a slight increase in its stock price, currently at 125.70, reflecting a change of 0.7 or 0.56% upward. However, the stock has underperformed its sector by 0.35% 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 1.41%, and it has seen a significant drop of 30.67% over the past year, contrasting with a modest profit increase of 3.5%. The company has reported positive financial results, including the highest profit before tax and profit after tax in the latest quarter, along with a low debt-equity ratio, indicating a fair valuation despite the stock trading at a premium compared to peers.
In the broader market context, the stock's performance has been notably weaker than the benchmark, with the Sensex showing a negligible decline of 0.01% over the same week. The underperformance is further highlighted by the fact that domestic mutual funds hold only 1.83% of the company, suggesting a lack of confidence in the stock's current valuation. While IRFC has demonstrated impressive growth over a three-year period with a return of 488.76%, its recent performance has raised concerns, especially given the significant disparity in returns compared to the broader market, which has generated negative returns of only -0.64% in the last year.