Why is Titagarh Rail falling/rising?

As of 19-Sep, Titagarh Rail Systems Ltd is experiencing a price increase, currently at 954.45, reflecting a rise of 8.25 or 0.87%. The stock has shown positive momentum, gaining for the last three consecutive days with a total return of 1.65% during this period. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong short-term performance. However, there is a notable decline in investor participation, as the delivery volume has decreased by 56.13% compared to the 5-day average. Despite the recent gains, the company has faced challenges, including a significant drop in operating profit by 23.98% and negative results over the last three quarters, which could weigh on future performance.
In the broader market context, Titagarh Rail's short-term return of 2.91% over the past week outperforms the Sensex, which has only increased by 0.88%. However, the stock has underperformed over the longer term, with a year-to-date decline of 13.68% compared to the Sensex's gain of 5.74%. The company's high institutional holdings at 21.18% suggest that knowledgeable investors are involved, but the overall negative trend in profits and the stock's significant drop of 23.82% over the past year indicate underlying weaknesses that could affect its future trajectory.