Why is Titagarh Rail falling/rising?

As of 18-Jul, Titagarh Rail Systems Ltd is experiencing a decline in its stock price, currently at Rs 925.80, reflecting a decrease of Rs 17.7 or 1.88%. The stock has been losing value for the past two days, with a total drop of 3.01% in this period. It has also touched an intraday low of Rs 923.3. In terms of performance, the stock has underperformed significantly over the past year, with a return of -42.53%, while the market benchmark, Sensex, has only fallen by 0.51%. 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 is hindered by negative results from March 25, including a low return on capital employed (ROCE) of 14.63% and a concerning operating profit to interest ratio.
Broader Market Context: In the short term, the stock's performance has been relatively better than the benchmark, with a 1-week return of -0.41% compared to the Sensex's -0.90%. However, the overall trend indicates a significant underperformance over a longer horizon, particularly with a year-to-date decline of 16.27% against the Sensex's gain of 4.63%. The falling investor participation, as evidenced by a 32.47% drop in delivery volume, further suggests a lack of confidence among investors. This combination of negative financial indicators and declining market interest contributes to the stock's current downward trajectory.