Why is Texmaco Rail falling/rising?

As of 12-Sep, Texmaco Rail & Engineering Ltd is experiencing a price increase, currently at Rs 147.25, reflecting a rise of Rs 5.25 or 3.7%. The stock has shown a strong performance today, outperforming its sector by 0.72% and achieving a consecutive gain over the last six days, with a total return of 6.05% during this period. Despite this positive short-term trend, the stock has underperformed over the longer term, with a year-to-date decline of 24.02% and a one-year drop of 35.20%. The company's operating profit has grown significantly, yet it faces challenges such as a high Debt to EBITDA ratio and a low Return on Equity, which may be contributing to investor caution.
In the broader market context, Texmaco's recent performance stands out against the benchmark Sensex, which has gained 1.48% over the past week and 2.08% over the past month. While the stock has shown positive short-term returns, its long-term performance remains concerning, particularly given the significant decline compared to the market's negative return of only 1.28% over the past year. Additionally, the decrease in institutional investor participation and the company's struggles with profitability metrics may be influencing market sentiment, despite the attractive valuation and healthy long-term growth potential indicated by its operating profit increase.