Why is Rail Vikas falling/rising?

As of 05-Sep, Rail Vikas Nigam Ltd's stock price is currently at 329.55, reflecting an increase of 2.65 (0.81%). The stock has outperformed its sector today by 1.42%, although it is trading higher than its 5-day and 20-day moving averages but lower than its 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a positive return of 8.83%, while it has underperformed over the last month with a decline of 6.27% and a significant drop of 22.03% year-to-date. The company's recent financial performance has raised concerns, with net sales falling by 21.5% compared to the previous quarter average and a substantial decrease in profit after tax by 58%. Despite being the largest company in its sector, with a market cap of Rs 68,211 crore, the low stake held by domestic mutual funds at only 0.66% suggests a lack of confidence in the stock's valuation.
Broader market context indicates that while the BSE500 index has generated negative returns of -4.41% over the past year, Rail Vikas Nigam Ltd has significantly underperformed with a return of -43.34%. This stark contrast highlights the stock's struggles despite the overall market conditions. The company's poor long-term growth metrics, including a low return on capital employed and a high enterprise value to capital employed ratio, contribute to its expensive valuation. The falling investor participation, as evidenced by a decline in delivery volume, further reflects a cautious sentiment among investors. Overall, while the stock has seen a slight uptick recently, the underlying fundamentals and market sentiment suggest ongoing challenges.