Why is Rail Vikas falling/rising?

As of 06-Aug, Rail Vikas Nigam Ltd's stock price is currently at Rs 345.90, reflecting a decline of Rs 5.7 or 1.62%. The stock has been underperforming, having lost 2.04% over the last two days, and is trading below all key moving averages. Additionally, the stock's delivery volume has decreased significantly, falling by 39.29% compared to the five-day average. Over the past year, the stock has generated a return of -36.65%, which starkly contrasts with the broader market's positive return of 2.48%. Despite recent positive quarterly results, including a 41.2% growth in PAT and a 27.2% increase in net sales, the long-term growth outlook remains poor, with annual growth rates of just 6.52% for net sales and 7.39% for operating profit over the last five years.
In the broader market context, Rail Vikas Nigam Ltd has underperformed significantly compared to the benchmark, with a one-week return of -3.47% against the Sensex's -1.15%. This trend of underperformance is compounded by the fact that domestic mutual funds hold only a minimal stake in the company, indicating a lack of confidence in its valuation or business prospects. The stock's current valuation appears expensive relative to its peers, and the substantial decline in investor participation further exacerbates the situation. Overall, while the company has shown some recent operational improvements, the persistent negative sentiment and poor long-term growth prospects are contributing to the stock's decline.