Why is Wardwizard Inno. falling/rising?

As of 28-Aug, Wardwizard Innovations & Mobility Ltd is experiencing a price increase, with the current price at 13.50, reflecting a change of 0.41 or 3.13% upward. Today's price summary indicates that the stock has outperformed its sector by 3.27% and has shown a trend reversal after three consecutive days of decline. However, the stock's performance over the past week is down by 7.02%, while it has gained 5.88% over the past month. Despite this recent uptick, the stock has significantly underperformed over the longer term, with a year-to-date decline of 64.00% and a staggering 75.00% drop over the past year. The company has shown healthy long-term growth with net sales increasing at an annual rate of 139.58%, but it has also faced negative results recently, including a substantial decline in profit before tax and profit after tax compared to previous quarters.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has outperformed the Sensex by 3.27% today, despite a longer-term underperformance where it has consistently lagged behind the benchmark over the past three years. The stock's liquidity appears adequate for trading, but there is a concerning trend of falling investor participation, with delivery volume decreasing significantly. Additionally, the high percentage of pledged promoter shares, which has increased recently, adds downward pressure in a falling market, contributing to the stock's volatility. Overall, while there are some positive indicators, the combination of recent negative financial results and ongoing underperformance against benchmarks suggests a complex situation for investors.