Why is Welcast Steels falling/rising?

As of 09-Sep, Welcast Steels Ltd is experiencing a decline in its stock price, currently at 1,098.90, which reflects a decrease of 11.1 points or 1.0%. The stock has underperformed its sector by 1.3% today and has fallen after three consecutive days of gains. It has not shown any price range movement, remaining flat since opening. In terms of performance, the stock has generated a return of -1.56% over the past month and a significant -23.69% over the past year, indicating a troubling trend. The company is facing operational losses and has a weak long-term fundamental strength, evidenced by a poor EBIT to Interest ratio of 0.46 and a low Return on Equity of 4.10%. Additionally, the stock's delivery volume has drastically decreased by 97.46% compared to the five-day average, suggesting a lack of investor interest.
In the broader market context, the Sensex has increased by 1.18% over the past week, contrasting with Welcast Steels' 4.36% gain in the same period, highlighting the stock's relative underperformance. However, the stock's longer-term performance has been notably poor, with a -18.54% return year-to-date compared to the Sensex's 3.79% gain. This underperformance is compounded by the company's negative EBITDA and declining profitability, which have contributed to its risky trading status. Overall, the combination of weak financial fundamentals, declining investor participation, and poor relative performance against the benchmark has led to the stock's current downward trajectory.