Why is Wardwizard Inno. falling/rising?

As of 21-Jul, Wardwizard Innovations & Mobility Ltd is experiencing a decline in its stock price, currently at 13.90, which represents a decrease of 0.23 or 1.63%. The stock has underperformed its sector by 1.66% today and has fallen after two consecutive days of gains. In terms of returns, the stock has shown a 2.36% increase over the past week, but it has significantly underperformed over the longer term, with a staggering 75.00% decline over the past year and a 78.02% drop over the past three years. Additionally, the stock's delivery volume has decreased by 37.98% compared to the five-day average, indicating falling investor participation. While the company has shown healthy long-term growth in net sales and operating profit, it has also faced challenges, including a 52% drop in profits over the past year and a high debt-equity ratio of 1.90 times, which adds pressure to its valuation.
In the broader market context, the Sensex has remained relatively stable, with a slight decline of 0.06% over the past week, contrasting with Wardwizard's short-term gain. However, the stock's long-term performance is concerning, as it has generated a return of -75.00% over the last year while the Sensex has increased by 1.98% during the same period. The increase in pledged promoter shares by 17.9% over the last quarter further exacerbates the stock's downward pressure, particularly in a falling market. Overall, the combination of poor long-term performance, high debt levels, and declining investor interest contributes to the stock's current downward trajectory.