Why is W S Inds. falling/rising?

As of 27-Jun, W S Industries (India) Ltd is experiencing a price increase, with the current price at 92.72, reflecting a change of 1.81 or 1.99% upward. The stock has shown strong performance recently, gaining 21.74% over the last 10 days and outperforming its sector by 1.88% today. Additionally, the stock has returned 10.38% over the past week and 25.98% over the past month, significantly outpacing the Sensex, which has returned 2.00% and 3.07% respectively in the same periods. However, despite these recent gains, the stock has a negative return of -34.89% over the past year, and the company has reported declining profits and sales, which could impact investor sentiment.
In the broader market context, while W S Industries has outperformed the benchmark in the short term, it has significantly underperformed over the past year compared to the BSE 500, which has generated a return of 4.10%. The company's financial health raises concerns, particularly with a high Debt to EBITDA ratio of 22.43 times and a substantial decline in net sales of -39.52%. Despite a healthy long-term growth rate in net sales, the company's profitability has been low, as indicated by a Return on Capital Employed of only 6.74%. The lack of domestic mutual fund investment further suggests caution among institutional investors, which may contribute to the stock's volatility and mixed performance outlook.