Why is Welcast Steels falling/rising?

As of 16-Sep, Welcast Steels Ltd's stock price is currently at 1,092.00, reflecting a decrease of 4.9 (-0.45%). The stock has underperformed significantly, with a performance today that is down 1.11% compared to its sector. It opened with a notable loss of 6.52% and reached an intraday low of Rs 1,025.35. Over the past week, the stock has declined by 0.63%, and it has shown a year-to-date drop of 19.05%. The company is facing operating losses and has a weak long-term fundamental strength, indicated by a poor EBIT to Interest ratio of 0.46 and a low Return on Equity of 4.10%. Additionally, the stock has generated a return of -25.46% over the past year, with profits falling by 101.2%, contributing to its recent price decline.
In the broader market context, the Sensex has increased by 1.58% over the past week, highlighting a stark contrast to Welcast Steels' performance. The stock's liquidity appears to be a concern, with a significant drop in delivery volume, indicating falling investor participation. Furthermore, the stock has underperformed against the BSE500 over the last three years, one year, and three months, suggesting a broader trend of weakness relative to the market. Overall, the combination of poor financial performance, weak investor interest, and unfavorable comparisons to market benchmarks has led to the stock's downward movement.