Why is Texmaco Rail falling/rising?

As of 04-September, Texmaco Rail & Engineering Ltd is experiencing a decline in its stock price, currently at Rs 138.85, which reflects a decrease of Rs 2.3 or 1.63%. The stock has fallen after three consecutive days of gains, touching an intraday low of Rs 138.1. In terms of performance, the stock has shown a 1-week return of +0.95%, but over the past month, it has decreased by 4.41%. Despite a healthy long-term growth rate in operating profit of 39.44% and a favorable PEG ratio of 0.7, the stock's profitability is hindered by a high Debt to EBITDA ratio of 3.26 times and a low Return on Equity of 3.61%. Additionally, the company's PAT has fallen significantly by 49.9%, which contributes to the negative sentiment surrounding the stock.
Broader market context indicates that while the Sensex has shown a slight increase of 0.80% over the past week, Texmaco Rail's performance has lagged, particularly with a year-to-date decline of 28.35% compared to the Sensex's gain of 3.30%. The stock's underperformance is further emphasized by a significant drop in institutional investor participation, which has decreased by 0.53% over the previous quarter. This lack of confidence from institutional investors, combined with the company's recent financial struggles, contributes to the stock's downward trend, despite its attractive valuation relative to peers.