Why is Wardwizard Inno. falling/rising?

As of 18-Jul, Wardwizard Innovations & Mobility Ltd is experiencing a rise in its stock price, currently at 14.13, reflecting an increase of 0.68 or 5.06%. The stock has shown a positive performance today, outperforming its sector by 5.47% and has gained consecutively over the last two days, resulting in an overall return of 11.52% during this period. However, despite this recent uptick, the stock has faced significant declines over the longer term, with a year-to-date drop of 62.32% and a staggering 74.96% decrease over the past year. While the company has demonstrated healthy long-term growth in net sales and operating profit, it has also seen a substantial decline in profits and has a high debt-equity ratio, which raises concerns among investors.
In the broader market context, the stock's short-term return of 1.73% over the past week contrasts sharply with the Sensex, which has declined by 0.90% during the same period. This indicates that while Wardwizard is currently gaining traction, it has significantly underperformed compared to the benchmark over longer periods, including a 74.96% decline in the last year versus a 0.51% rise in the Sensex. Additionally, the increase in pledged promoter shares and the overall flat performance in recent financial results contribute to a cautious outlook for the stock, despite its recent gains.