Why is Texmaco Rail falling/rising?

As of 01-Aug, Texmaco Rail & Engineering Ltd is experiencing a decline in its stock price, currently at Rs 144.00, which reflects a decrease of Rs 3.25 or 2.21%. The stock has been on a downward trend, having fallen for the last three consecutive days, resulting in a total decline of 5.48% during this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Additionally, the stock has underperformed significantly over the past month and year, with returns of -18.67% and -45.00%, respectively. While the company has reported positive financial growth, including a substantial increase in net sales and operating profit, it also faces challenges such as a high Debt to EBITDA ratio of 3.26 times and low profitability per unit of shareholders' funds, which may be contributing to the stock's recent decline.
In the broader market context, Texmaco Rail's short-term performance has been notably worse than the benchmark, with a 1-week return of -5.73% compared to the Sensex's decline of only -1.06%. This stark contrast highlights the stock's struggles relative to the overall market. Furthermore, the railways sector has also seen a decline of 2.39%, reflecting a broader trend that may be affecting investor sentiment. The falling participation from institutional investors, who have reduced their stake in the company, further exacerbates the situation, as these investors typically have more resources to analyze company fundamentals. Overall, the combination of poor short-term performance, high debt levels, and reduced institutional interest is likely driving the stock's current downward trajectory.