Why is Wardwizard Inno. falling/rising?

As of 12-Aug, Wardwizard Innovations & Mobility Ltd is experiencing a decline in its stock price, currently at 10.64, which reflects a decrease of 0.46 or 4.14%. The stock has been underperforming significantly, having fallen consecutively for the last six days, resulting in a total drop of 15.42% during this period. Over the past week, the stock has decreased by 13.50%, and its year-to-date performance shows a staggering decline of 71.63%. Despite a healthy long-term growth rate in net sales and operating profit, the stock's negative results from the latest quarter, including a substantial drop in profit before tax and profit after tax, have contributed to its poor performance. Additionally, the increasing proportion of pledged promoter shares adds downward pressure on the stock price. In the broader market context, the stock's performance has been notably worse than the benchmark, with the Sensex only declining by 0.59% over the same week. This stark contrast highlights the stock's severe underperformance, particularly as it has generated an 80.44% loss over the past year, while the benchmark has remained relatively stable with a slight gain of 0.74%. The stock's liquidity appears adequate for trading, but the overall sentiment remains negative due to its consistent underperformance against both the market and its peers, further exacerbated by the recent financial results and the high percentage of pledged shares.