Why is Titagarh Rail falling/rising?

As of 11-Jul, Titagarh Rail Systems Ltd is experiencing a decline in its stock price, currently at Rs 929.60, which reflects a decrease of Rs 19.65 or 2.07%. The stock has underperformed its sector by 0.58% today, reaching an intraday low of Rs 925.7. Over the past week, the stock has decreased by 1.42%, and it has shown a significant decline of 45.71% over the past year, contrasting sharply with the Sensex, which has gained 3.26% in the same period. Despite a healthy long-term growth rate in operating profit of 34.45% annually and high institutional holdings at 25.05%, the stock's recent performance has been negatively impacted by disappointing results, including a low return on capital employed (ROCE) of 14.63% and a concerning operating profit to interest ratio.
Broader market context indicates that while the stock has shown impressive gains over a three-year period with a return of 652.41%, its short-term performance remains weak compared to the benchmark. The Sensex has only declined by 1.12% over the past week, highlighting the stock's struggle in the current market environment. Additionally, the stock's valuation appears expensive with a price-to-book value of 5, further contributing to investor caution. Overall, the combination of poor recent performance, high valuation concerns, and underperformance relative to the broader market has led to the stock's current downward trend.