Why is Rail Vikas falling/rising?

As of 11-Sep, Rail Vikas Nigam Ltd's stock price is currently at 335.35, reflecting an increase of 2.35 (0.71%). The stock has been gaining for the last five days, with a total return of 2.58% during this period, outperforming its sector by 0.93%. However, despite this recent uptick, the stock has underperformed over the longer term, with a year-to-date decline of 20.66% and a staggering 39.78% drop over the past year. The company's financial performance has raised concerns, as net sales fell by 21.5% compared to the previous quarter's average, and profit after tax decreased by 58%. Additionally, the company's return on capital employed (ROCE) of 10.2 indicates an expensive valuation, further complicating its growth prospects.
In the broader market context, Rail Vikas Nigam Ltd's recent performance contrasts with the benchmark Sensex, which has seen a modest gain of 1.03% over the past week. While the stock has shown short-term resilience, its long-term trajectory remains troubling, especially given that domestic mutual funds hold only a minimal stake of 0.66%, suggesting a lack of confidence in the stock's valuation or business fundamentals. The company's significant market cap and its position as the largest player in its sector do not seem to translate into investor confidence, as evidenced by its poor performance relative to the market and its peers.