Why is We Win Ltd falling/rising?

As of 15-Jul, We Win Ltd's stock price is currently at 44.60, reflecting a decrease of 0.05, or 0.11%. The stock has been on a downward trend, having underperformed its sector by 1.42% today and experiencing a consecutive fall over the last four days, resulting in a total decline of 8.32% during this period. Over the past week, the stock has dropped by 6.11%, and it has significantly underperformed the benchmark Sensex, which has gained 1.79% over the past month. Despite a very attractive valuation indicated by a Return on Capital Employed (ROCE) of 9.4 and trading at a discount compared to peers, the stock has seen a substantial decline of 39.97% over the past year, coinciding with a 33% drop in profits. This weak performance is compounded by a -2.75% CAGR growth in operating profits over the last five years, indicating long-term fundamental weaknesses.
In the broader market context, We Win Ltd's recent performance contrasts sharply with the Sensex, which has shown a positive return of 5.67% year-to-date, while We Win Ltd has plummeted by nearly 50%. The stock's liquidity appears adequate, with a notable increase in delivery volume, suggesting some investor interest; however, this has not translated into positive price movement. The company's flat results in March 2025 and its inability to generate satisfactory returns compared to the BSE500 over various time frames further highlight its struggles in both the near and long term. Overall, the combination of poor financial performance, negative growth trends, and underwhelming returns relative to the market has contributed to the stock's decline.