Why is Titagarh Rail falling/rising?

As of 01-Jul, Titagarh Rail Systems Ltd is experiencing a price increase, currently at Rs 963.90, which reflects a rise of Rs 21.25 or 2.25%. The stock has shown positive momentum, gaining 2.98% over the last two days and outperforming its sector by 0.75% today. In the past week, the stock has risen by 4.42%, and over the past month, it has increased by 8.11%. However, it is important to note that despite these recent gains, the stock has underperformed significantly over the past year, with a decline of 47.22%. The company has a healthy long-term growth outlook, with operating profit growing at an annual rate of 34.45%, and it benefits from high institutional holdings at 25.05%. Nonetheless, negative factors such as disappointing results in March 2025 and a low return on capital employed (ROCE) of 14.63% have raised concerns about its valuation.
In the broader market context, the stock's recent performance has outpaced the benchmark Sensex, which has only increased by 2.00% over the past week and 2.76% over the past month. However, the stock's year-to-date performance remains concerning, as it has declined by 12.82% while the benchmark has gained 7.11%. This stark contrast highlights the stock's struggle to keep pace with the market despite its recent uptick. The falling investor participation, indicated by a 36.38% drop in delivery volume, suggests that while the stock may be gaining in price, there is a lack of confidence among investors, which could impact its future performance.