Why is Welspun Corp falling/rising?

As of 11-Aug, Welspun Corp Ltd. is experiencing a decline in its stock price, currently at 864.50, down by 3.4 points or 0.39%. The stock has underperformed its sector by 0.68% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 0.85% during this period. Despite this recent downturn, the company has shown strong performance over the longer term, with a year-to-date return of 6.68% and a remarkable 32.53% increase over the past year. The stock is currently trading above its 100-day and 200-day moving averages but below its 5-day, 20-day, and 50-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume decreasing by 47.02% compared to the 5-day average.
In the broader market context, Welspun Corp's short-term performance has been notably weaker than the benchmark, with a 1-week return of -2.52% compared to the Sensex's -0.51%. However, the company maintains a low debt-to-equity ratio and has reported positive results for the last three consecutive quarters, indicating strong fundamentals. With a return on equity of 20.5% and a price-to-earnings growth (PEG) ratio of 0.4, the stock is considered fairly valued and trading at a discount compared to its peers. High institutional holdings at 32.86% suggest confidence from knowledgeable investors, yet the recent decline in stock price may reflect short-term market sentiment rather than a deterioration in the company's underlying financial health.