Why is Wanbury falling/rising?

As of 29-Jul, Wanbury Ltd's stock price is currently at Rs 251.50, reflecting an increase of Rs 11.5 or 4.79%. Today's performance indicates a trend reversal as the stock has gained after six consecutive days of decline. It opened with a gain of 2.08% and reached an intraday high of Rs 251.50. Despite this positive movement, the stock has underperformed over the past week and month, with declines of 5.08% and 11.82%, respectively. The company recently reported positive results after three quarters of negative performance, showing a significant increase in net sales and a strong operating profit to interest ratio. However, the stock is trading below its moving averages, and there has been a notable decrease in investor participation, with delivery volume falling by 44.35% compared to the five-day average.
In the broader market context, while Wanbury's stock has outperformed the Sensex in the long term, it has struggled in the short term, contrasting with the benchmark's decline of only 1.03% over the past week. The stock's performance is further complicated by its high debt levels and the fact that a significant portion of promoter shares are pledged, which can exert downward pressure in a falling market. Despite generating a 17.30% return over the past year, the company's long-term fundamentals appear weak, with slow growth in net sales and high debt levels, which may contribute to investor caution.