Why is Titagarh Rail falling/rising?

As of 27-Jun, Titagarh Rail Systems Ltd is experiencing a decline in its stock price, currently at Rs 936.05, reflecting a decrease of Rs 2.8 or 0.3%. The stock has shown a trend reversal after five consecutive days of gains, with today's performance being inline with the sector. It reached an intraday high of Rs 969.6 but has since fallen. The stock's recent performance shows a 1-week return of +8.00%, while it has underperformed over the past month with a return of -0.28%. Additionally, there has been a decrease in investor participation, with delivery volume dropping by 10.57% against the 5-day average. Despite a healthy long-term growth rate in operating profit of 34.45% and high institutional holdings at 25.05%, the stock's valuation appears expensive with a Price to Book Value of 5.1, and it has generated a significant negative return of -48.54% over the past year.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has returned +2.00% over the past week and +3.07% over the past month. The stock has notably underperformed the market, with a year-to-date return of -15.34% compared to the Sensex's +7.58%. This underperformance is compounded by negative financial results, including a low return on capital employed (ROCE) of 14.63% and a decrease in profits by 4.5% over the past year. Overall, while there are positive long-term growth indicators, the recent price decline can be attributed to a combination of trend reversal, falling investor participation, and poor financial performance relative to the market.