Why is Wardwizard Inno. falling/rising?

As of 04-Sep, Wardwizard Innovations & Mobility Ltd is experiencing a decline in its stock price, currently at 13.91, which represents a decrease of 0.53 or 3.67%. The stock has underperformed its sector today by 3.96% and has seen a trend reversal after five consecutive days of gains. Despite a recent positive performance over the past week and month, with returns of 3.04% and 10.57% respectively, the stock has significantly underperformed over the longer term, with a year-to-date decline of 62.91% and a staggering 74.33% drop over the past year. The company's financial health is mixed; while net sales have grown at an impressive annual rate of 139.58%, profitability has suffered, with a 63% decline in profits over the past year and a low return on capital employed (ROCE) of 8.00%, indicating poor management efficiency.
Broader Market Context: In the context of the broader market, the Sensex has shown a modest gain of 3.30% year-to-date, contrasting sharply with Wardwizard's significant decline. The stock's recent performance is concerning, especially given the high percentage of pledged promoter shares, which has increased by 22.25% over the last quarter, adding downward pressure in a falling market. The stock's consistent underperformance against the benchmark over the last three years further highlights its struggles, as it has failed to generate positive returns while the broader market has shown resilience.