Why is Welcast Steels falling/rising?

As of 30-Jun, Welcast Steels Ltd is currently priced at 1,159.95, reflecting a slight decrease of -0.05 (0.00%). The stock has been underperforming recently, having fallen -3.1% over the last two days and showing negative returns of -5.69% over the past month. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the company has reported weak long-term fundamental strength, with a significant decline in operating profits and a poor ability to service its debt, as evidenced by an EBIT to Interest ratio of 0.16. The stock has also generated a return of -19.43% over the past year, which is considerably lower than the market's performance.
In the broader market context, the Sensex has shown positive returns of +2.09% over the past week and +2.65% over the past month, contrasting sharply with Welcast Steels' recent declines. While the stock has seen a rise in investor participation, with a notable increase in delivery volume, it remains risky due to negative EBITDA and a significant drop in profits over the past year. Overall, the stock's consistent underperformance compared to the benchmark and its weak financial fundamentals contribute to its current downward movement.