Why is Texmaco Rail falling/rising?

As of 17-Oct, Texmaco Rail & Engineering Ltd is experiencing a decline in its stock price, currently at 134.75, which reflects a decrease of 1.35 or 0.99%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total decline of 1.46% over that period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a rise in delivery volume by 1.44% against the 5-day average, the stock's performance over the past week and month shows significant underperformance, with returns of -2.57% and -9.87%, respectively. The company's recent financial metrics reveal a concerning situation, as its PAT for the quarter has fallen by 49.9%, and it faces challenges with a high Debt to EBITDA ratio of 3.26 times, which indicates a low ability to service debt.
In the broader market context, Texmaco Rail's performance contrasts sharply with the benchmark, as the Sensex has gained 1.76% over the past week and 1.52% over the past month, highlighting the stock's struggle to keep pace with market trends. Over the past year, while the market has generated a modest return of 0.54%, Texmaco Rail has significantly underperformed with a return of -35.51%. This underperformance is compounded by a decrease in institutional investor participation, which has fallen by 0.53% in the previous quarter, suggesting a lack of confidence from larger investors. Although the company has shown healthy long-term growth in operating profit, the recent financial setbacks and declining investor interest contribute to the stock's negative momentum.