Why is Titagarh Rail falling/rising?

As of 22-Sep, Titagarh Rail Systems Ltd is experiencing a decline in its stock price, currently at Rs 931.70, which represents a decrease of Rs 22.75 or 2.38%. The stock has underperformed its sector by 0.56% today and has fallen after three consecutive days of gains. It touched an intraday low of Rs 928.5, reflecting a drop of 2.72%. Over the past week, the stock has decreased by 1.42%, while it has shown a positive return of 8.52% over the past month. However, the company has faced challenges, including a significant fall in operating profit of 23.98% and negative results for the last three consecutive quarters, which have contributed to a year-to-date decline of 15.74% and a one-year return of -29.44%.
In the broader market context, the Sensex has increased by 0.46% over the past week and 1.05% over the past month, indicating that the stock's recent performance is lagging behind the market. Despite a healthy long-term growth rate in operating profit and high institutional holdings, the negative financial results and expensive valuation have led to a lack of investor confidence. The stock's performance has been significantly worse than the broader market, which has generated a negative return of only 3.80% over the past year, highlighting the challenges faced by Titagarh Rail in maintaining investor interest amidst declining profitability.