Why is Titagarh Rail falling/rising?

As of 17-Jul, Titagarh Rail Systems Ltd is experiencing a decline in its stock price, currently at 943.50, which reflects a decrease of 11.05 or 1.16%. The stock has underperformed its sector today by 0.54% and has seen a trend reversal after three consecutive days of gains. Despite having a higher price compared to its 5-day, 20-day, 50-day, and 100-day moving averages, it remains lower than its 200-day moving average. Over the past week, the stock has decreased by 0.61%, while it has shown a positive return of 6.79% over the last month. However, the stock has significantly underperformed over the year, with a return of -44.64%, even as its operating profit has grown at an annual rate of 34.45%. The high institutional holdings at 25.05% indicate confidence among larger investors, but the stock's expensive valuation and negative results from March 25, including a low return on capital employed (ROCE) and declining profits, are contributing to its recent downward movement.
In the broader market context, the stock's performance has been notably weaker compared to the benchmark, as it has generated a return of -44.64% over the past year, while the BSE500 index has posted a modest gain of 0.26%. This stark contrast highlights the stock's struggles relative to the overall market, which has seen positive returns. The liquidity of the stock appears adequate, with a delivery volume increase of 40.76% against the 5-day average, suggesting some investor interest despite the recent price decline. Overall, while there are positive long-term growth indicators, the immediate outlook for Titagarh Rail is challenged by its recent performance and valuation concerns.