Why is I R F C falling/rising?

As of 29-Aug, Indian Railway Finance Corporation Ltd (IRFC) is experiencing a decline in its stock price, currently at 118.10, which reflects a decrease of 0.5 or 0.42%. The stock has been on a downward trend, losing value for the last seven consecutive days, resulting in a total return of -6.86% 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 sentiment. Despite reporting positive results in June, including the highest profit before tax and profit after tax for the quarter, the stock has underperformed significantly over the past year, with a return of -34.37% compared to a -2.83% return for the benchmark.
In the broader market context, IRFC's short-term performance has been notably worse than the benchmark, with a 1-week return of -5.52% compared to the Sensex's -1.84%. This stark contrast highlights the stock's struggle to attract investor confidence, as evidenced by the low domestic mutual fund ownership of only 1.83%. The company's relatively high PEG ratio of 6.5 and the fact that it is trading at a premium compared to its peers may also contribute to the lack of interest from institutional investors. Overall, the combination of poor recent performance, high valuation metrics, and low institutional support suggests that IRFC is facing significant challenges in the current market environment.