Why is Wardwizard Inno. falling/rising?

As of 23-Jul, Wardwizard Innovations & Mobility Ltd is currently priced at 13.64, reflecting a decrease of 0.18 or 1.3%. The stock has been underperforming, having fallen for the last three consecutive days, resulting in a total decline of 3.47% during this period. In terms of returns, the stock has shown a weekly increase of 7.66%, but it has significantly underperformed over the past month and year, with declines of 4.88% and 75.75%, respectively. The company has experienced a notable drop in investor participation, with delivery volume decreasing by 78.97% compared to the five-day average, indicating reduced interest from investors. Additionally, while the company has demonstrated healthy long-term growth in net sales and operating profit, it has also faced challenges, including a substantial decline in profits and a high debt-equity ratio, which may contribute to the stock's recent downward movement.
In the broader market context, the stock's short-term performance contrasts sharply with the benchmark, as it has underperformed the Sensex, which has shown a modest increase of 0.11% over the past week. The stock's long-term performance is also concerning, with a staggering decline of 78.93% over the last three years compared to the Sensex's gain of 47.54%. The high proportion of pledged promoter shares, which has increased recently, adds further pressure on the stock, particularly in a falling market. Overall, the combination of declining investor interest, poor recent performance, and high leverage suggests a challenging environment for Wardwizard Innovations & Mobility Ltd, contributing to its current price decline.