Why is Titagarh Rail falling/rising?

As of 10-Jul, Titagarh Rail Systems Ltd's stock price is currently at 949.25, reflecting an increase of 8.25 or 0.88%. The stock has shown a trend reversal, gaining after two consecutive days of decline, and has outperformed its sector by 0.43%. It reached an intraday high of Rs 960.35, which is a 2.06% increase. However, despite this short-term gain, the stock has underperformed over the longer term, with a year-to-date decline of 14.15% and a staggering 45.39% drop over the past year. The company has high institutional holdings at 25.05%, which may provide some stability, but it also faces challenges such as negative results reported in March 2025 and a low return on capital employed (ROCE) of 14.63%.
Broader Market Context: In the short term, the stock has outperformed the benchmark Sensex, which has seen a slight decline of 0.06% over the past week, while Titagarh Rail's stock has increased by 1.09%. However, the broader market context reveals that the stock has significantly underperformed over the past year compared to the BSE500, which generated returns of 1.46%. This underperformance, coupled with a decline in investor participation and a high price-to-book value ratio, suggests that while there may be short-term gains, the long-term outlook remains challenging for Titagarh Rail Systems Ltd.