Why is W S Inds. falling/rising?

As of 18-Jul, W S Industries (India) Ltd is experiencing a decline in its stock price, currently at 91.12, reflecting a decrease of 0.96 or 1.04%. The stock has underperformed its sector by 0.64% today and has seen a consecutive fall over the last two days, totaling a decline of 2.99%. In terms of returns, the stock has performed poorly over the past year, with a drop of 45.44%, while it has shown a modest recovery of 12.76% over the past month. Despite a healthy long-term growth rate in net sales, the company faces significant challenges, including a high Debt to EBITDA ratio of 22.43 times and a substantial decline in profits, which have fallen by 137.1% over the past year. This combination of negative financial results and low investor confidence, as indicated by a 21.22% drop in delivery volume, contributes to the stock's current downward trend.
Broader market context shows that the stock has underperformed compared to the benchmark Sensex, which has seen a slight decline of 0.90% over the past week. While the broader market has generated a return of -0.36% over the last year, W S Industries' performance has been significantly worse, highlighting investor concerns regarding the company's ability to recover from its recent negative financial results. The lack of domestic mutual fund investment, which stands at 0%, further indicates a lack of confidence in the company's prospects, reinforcing the stock's downward trajectory in the current market environment.