Why is Titagarh Rail falling/rising?

As of 11-Sep, Titagarh Rail Systems Ltd is currently priced at 901.25, reflecting a decrease of 7.0 points or 0.77%. The stock has recently underperformed its sector by 0.38% and has experienced a trend reversal, falling after four consecutive days of gains. Despite a strong performance over the past week and month, with returns of 7.71% and 16.00% respectively, the stock has faced significant challenges, including a decline of 18.49% year-to-date and 33.43% over the past year. The company has reported negative results for the last three consecutive quarters, with a notable drop in operating profit by 23.98% and net sales falling by 24.78%. While there is healthy long-term growth potential indicated by a 41.66% annual growth rate in operating profit, the current financial metrics, including a low return on equity of 11.1 and a high price-to-book value of 4.9, suggest an expensive valuation relative to its peers.
In the broader market context, the stock's performance has been significantly weaker than the benchmark, with the BSE500 generating a negative return of only 2.29% over the past year. This stark contrast highlights the challenges faced by Titagarh Rail, as it has underperformed the market considerably. The rising investor participation, indicated by a 198.74% increase in delivery volume, suggests some interest in the stock; however, the overall negative financial results and high institutional holdings may not be enough to offset the downward pressure on the stock price.