Why is W S Inds. falling/rising?

As of 08-Jul, W S Industries (India) Ltd is experiencing a decline in its stock price, currently at 97.46, which reflects a decrease of 1.98 points or 1.99%. The stock has underperformed its sector by 2% today and has seen a consecutive fall over the last two days, resulting in a total decline of 3.94%. Despite a strong long-term growth rate in net sales of 199.21%, the company has faced significant challenges, including a high Debt to EBITDA ratio of 22.43 times and negative results over the last three consecutive quarters. The stock has generated a return of -41.32% over the past year, indicating a substantial underperformance compared to the broader market.
In the broader market context, the stock's short-term performance of +1.04% over the past week contrasts with the Sensex, which has only increased by 0.02%. However, the stock's year-to-date performance shows a decline of 16.16%, while the Sensex has risen by 7.13%. The falling investor participation, with a delivery volume drop of 89.48% against the 5-day average, further highlights the lack of confidence among investors. Despite trading at a discount compared to its peers, the overall negative sentiment surrounding the company's financial health and its ability to service debt is likely contributing to the stock's recent downward movement.