Why is W S Inds. falling/rising?

As of 17-Jul, W S Industries (India) Ltd is experiencing a decline in its stock price, currently at 92.08, reflecting a change of -1.85 (-1.97%). The stock has underperformed its sector by 2.18% today, and its delivery volume has significantly decreased by 67.31% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has decreased by 2.04%, while it has shown a notable increase of 16.22% over the past month. However, the stock has faced substantial challenges, with a year-to-date decline of 20.79% and a staggering 47.17% drop over the past year. The company has reported negative results for three consecutive quarters, with a significant fall in net sales and profitability, which has contributed to its poor performance.
In the broader market context, the stock's short-term performance has been worse than the benchmark, as the Sensex has only declined by 1.12% over the same week. Despite the company's long-term growth potential, as evidenced by a 199.21% annual growth rate in net sales, its high debt-to-EBITDA ratio of 22.43 times raises concerns about its ability to service debt. Additionally, the stock is trading at a discount compared to its peers, but the lack of domestic mutual fund investment suggests a lack of confidence in its current valuation. Overall, the combination of negative financial results, high debt levels, and underperformance relative to the market has led to the stock's recent decline.