Why is Texmaco Rail falling/rising?

As of 07-Jul, Texmaco Rail & Engineering Ltd's stock is currently priced at 170.75, reflecting a decline of 1.0 (-0.58%). The stock has been underperforming, having fallen for three consecutive days, resulting in a total decline of -3.59% during this period. In the past week, the stock has decreased by -3.04%, while over the last month, it has seen a slight drop of -0.26%. Despite healthy long-term growth indicators, such as a 22.76% annual increase in net sales and a 120.1% rise in profits over the past year, the stock's performance has been negatively impacted by a high Debt to EBITDA ratio of 3.26, indicating low ability to service debt. Additionally, institutional investors have reduced their stakes, which may signal a lack of confidence in the stock's future performance.
Broader market context shows that while the Sensex has experienced a slight decline of -0.20% over the past week, Texmaco Rail's performance has been significantly worse, highlighting its struggles in the market. The stock has underperformed the broader market over the last year, generating a return of -37.45% compared to the BSE500's positive return of 1.74%. This stark contrast suggests that investor sentiment towards Texmaco Rail is currently negative, exacerbated by falling participation from institutional investors and the stock's inability to keep pace with market trends.