Why is W S Inds. falling/rising?

As of 30-Jun, W S Industries (India) Ltd is experiencing a price increase, with its current price at Rs 94.57, reflecting a rise of 1.85 (2.0%). The stock has shown strong performance recently, gaining 24.17% over the last 11 days and outperforming its sector by 1.25% today. It opened with a 2% gain and reached an intraday high of Rs 94.57. Despite a year-to-date decline of 18.65% and a one-year drop of 34.24%, the stock has demonstrated impressive returns over longer periods, including a 614.81% increase over three years. However, the company faces challenges, including a high Debt to EBITDA ratio of 22.43 times and a significant decline in net sales, which fell by 39.52%. These negative factors, combined with a lack of domestic mutual fund investment, suggest underlying concerns about the company's financial health.
In the broader market context, W S Industries has significantly outperformed the benchmark Sensex in the short term, with a 10.38% return over the past week compared to the Sensex's 2.09%. While the stock has shown resilience in the short term, its long-term performance remains concerning, with a one-year return of -34.24% against the Sensex's positive return of 5.79%. This stark contrast highlights the stock's volatility and the potential risks investors face, despite its recent gains.