Why is Transrail Light falling/rising?

As of 22-Sep, Transrail Lighting Ltd's stock price is currently at Rs 782.15, reflecting a decrease of Rs 16.85 or 2.11%. The stock has underperformed its sector by 2.2% today, following a trend reversal after two consecutive days of gains. It reached an intraday low of Rs 780.1, indicating a decline of 2.37%. Over the past week, the stock has decreased by 2.32%, while it has shown a modest increase of 0.29% over the past month. Despite these short-term declines, the company has demonstrated strong long-term fundamentals, including a robust Return on Capital Employed (ROCE) of 26.19% and significant growth in net sales and operating profit. The company has also reported positive results for the last three consecutive quarters, which may support its long-term valuation despite the current price drop.
In the broader market context, the Sensex has increased by 0.46% over the past week, contrasting with Transrail Lighting's decline. This suggests that the stock's recent performance is lagging behind the overall market trend. While the stock has generated a return of 0.00% over the past year, it has still seen a profit increase of 42%, indicating potential for recovery. However, the current underperformance relative to the benchmark and sector, combined with the recent price drop, may be causing investor caution, leading to the observed decline in stock price.