Why is Transrail Light falling/rising?

As of 30-Sep, Transrail Lighting Ltd's stock price is currently at Rs 723.45, reflecting a decrease of Rs 15.35 or 2.08%. Today's price summary indicates that the stock has underperformed its sector by 4.84%, with an intraday low of Rs 718.65. Over the past week, the stock has declined by 5.67%, while its one-month performance shows a decrease of 2.79%. Despite these short-term declines, the company has demonstrated strong fundamentals, including a high return on equity (ROE) of 17.21% and a low debt to EBITDA ratio of 0.80 times. The company has also reported positive results for the last three consecutive quarters, with significant growth in net sales and operating profit, which may support its long-term valuation despite the recent price drop.
In the broader market context, Transrail Lighting Ltd's recent performance contrasts with the benchmark Sensex, which has seen a decline of 2.23% over the past week. While the stock has underperformed in the short term, it has shown a year-to-date return of 33.05%, significantly outpacing the Sensex's 2.72% increase. This suggests that while the stock is currently facing downward pressure, its strong long-term growth potential and management efficiency may provide a buffer against broader market fluctuations.