Why is Waaree Tech. falling/rising?

As of 25-Jul, Waaree Technologies Ltd is experiencing a decline in its stock price, currently at 332.40, which reflects a decrease of 6.75 or 1.99%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total drop of 7.74% during this period. Additionally, the stock's performance today has underperformed its sector by 1.22%. Over the past week, it has decreased by 3.13%, and year-to-date, it has seen a significant decline of 34.82%. The delivery volume has also sharply decreased by 95.34% compared to the five-day average, indicating falling investor participation, which may contribute to the stock's downward trend.
Broader market context shows that while the Sensex has only decreased by 0.36% over the past week, Waaree Technologies Ltd's performance has been notably worse. In the last month, the stock has gained 11.92%, contrasting with the Sensex's decline of 1.56%, suggesting some recent recovery before the current downturn. However, the stock's year-over-year performance is concerning, with a drop of 73.80% compared to the Sensex's modest gain of 1.78%. This stark contrast highlights the challenges Waaree Technologies Ltd is facing in the market, despite some positive trends in the longer term, such as a 234.74% increase over the past three years.