Why is We Win Ltd falling/rising?

As of 29-Jul, We Win Ltd's stock price is currently at 44.89, reflecting a decline of 0.98, or 2.14%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total drop of 7.46% during this period. Additionally, it is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 9.51%, and its year-to-date performance shows a staggering decline of 49.56%. Despite a relatively attractive valuation with a return on capital employed (ROCE) of 9.4, the stock's profitability has been weak, with a 33% drop in profits over the past year and a negative compound annual growth rate (CAGR) of operating profits over the last five years.
In the broader market context, We Win Ltd has significantly underperformed compared to the benchmark, with a one-year return of -38.50% against the BSE500's -2.26%. This stark contrast highlights the stock's struggles relative to the market. The recent decline in investor participation, with a 41.81% drop in delivery volume, further exacerbates the stock's negative momentum. Overall, the combination of weak fundamentals, poor recent performance, and declining investor interest contributes to the ongoing downward pressure on We Win Ltd's stock price.