Why is Wardwizard Inno. falling/rising?

As of 01-Jul, Wardwizard Innovations & Mobility Ltd is currently priced at 14.72, reflecting a decrease of 0.29 or 1.93%. The stock has been underperforming, having lost 9.64% over the last three days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a significant increase in delivery volume, which rose by 275.53% against the 5-day average, the stock's performance remains concerning, with a year-to-date decline of 60.75% and a staggering 76.00% drop over the past year. The company's financials indicate a mixed picture; while net sales have grown at an impressive annual rate of 213.60%, the profits have fallen by 52%, and the debt-equity ratio is at its highest, raising concerns about financial stability.
In the broader market context, the stock has consistently underperformed against the benchmark, with a 1-year return of -76.00% compared to the Sensex's 5.31% gain. This trend of underperformance extends over the last three years, further exacerbated by the high proportion of pledged promoter shares, which has increased by 17.9% in the last quarter. The flat results reported in March and the significant growth in interest, alongside a negative PAT growth of -65.88%, contribute to the overall negative sentiment surrounding the stock. Given these factors, the stock's decline appears to be driven by both internal financial challenges and external market pressures.