Why is Titagarh Rail falling/rising?

As of 03-Jul, Titagarh Rail Systems Ltd is experiencing a decline in its stock price, currently at 939.00, reflecting a decrease of 11.35 or 1.19%. The stock has been losing value for the last two days, with a total drop of 2.58% during this period. Although the stock's performance over the past month shows a modest increase of 4.52%, it has significantly underperformed over the year, with a staggering decline of 47.26%. Key factors contributing to this downward trend include a decrease in investor participation, as indicated by a 28.77% drop in delivery volume compared to the five-day average. Additionally, despite healthy long-term growth in operating profit, the stock's valuation appears expensive with a Price to Book Value of 5.1, and it has generated negative returns over the past year while profits have fallen by 4.5%.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has shown a slight increase of 0.02% over the past week while the Sensex has decreased by 0.62%. However, the stock's year-to-date performance is notably poor, with a decline of 15.08% compared to the Sensex's gain of 6.53%. This underperformance is further highlighted by the stock's negative returns over the past year, where it has lagged behind the BSE500, which has generated returns of 2.20%. Overall, the combination of declining investor interest, high valuation concerns, and significant underperformance relative to the market has contributed to the stock's current downward trajectory.