Why is Texmaco Rail falling/rising?

As of 03-Sep, Texmaco Rail & Engineering Ltd's stock price is currently at 141.15, reflecting a slight increase of 0.05 (0.04%). The stock has been gaining momentum over the last three days, with a total return of 3.1% during this period. However, over the past month, the stock has declined by 1.98%, and year-to-date, it has seen a significant drop of 27.17%. While the company has demonstrated healthy long-term growth with an annual operating profit increase of 39.44%, it also faces challenges such as a high Debt to EBITDA ratio of 3.26 times and a low Return on Equity of 3.61%. These factors contribute to a mixed outlook, as the stock is trading at a discount compared to its peers, yet it has underperformed significantly over the past year with a return of -40.35%.
In the broader market context, Texmaco Rail's recent performance contrasts with the benchmark, as it has outperformed the Sensex in the short term with a 1.91% gain over the past week, while the Sensex has fallen by 0.27%. Despite this short-term outperformance, the stock has struggled over the longer term, with a 1-year decline that is much steeper than the broader market's -2.41%. Additionally, there has been a decrease in institutional investor participation, which may indicate a lack of confidence in the stock's future performance. Overall, while there are some positive indicators, the stock's significant long-term decline and current financial challenges suggest a cautious approach for investors.