Why is Wardwizard Inno. falling/rising?

As of 11-Jul, Wardwizard Innovations & Mobility Ltd is experiencing a decline in its stock price, currently at Rs 13.89, which reflects a decrease of Rs 0.62 or 4.27%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 7.89% during this period. It is trading lower than its moving averages across various time frames, and it is close to its 52-week low, just 1.87% above Rs 13.63. Over the past year, the stock has generated a staggering return of -75.78%, significantly underperforming the benchmark Sensex, which has seen a modest increase of 3.26%. Additionally, while net sales have shown healthy long-term growth, the stock's profits have decreased by 52%, contributing to its negative performance.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with a 1-week decline of 6.09% compared to the Sensex's 1.12% drop. The automobile sector, which includes Wardwizard, has also faced challenges, with a sector-wide decrease of 2.16%. The company's financial health is concerning, as indicated by a high debt-equity ratio of 1.90 and a significant portion of promoter shares being pledged, which adds downward pressure in a falling market. This consistent underperformance against the benchmark over the last three years further exacerbates investor sentiment, leading to a lack of confidence in the stock's recovery.