Why is Welspun Corp falling/rising?

As of 08-Sep, Welspun Corp Ltd. has experienced a price increase, with its current price at 855.75, reflecting a rise of 6.35 or 0.75%. The stock has been gaining for the last two days, yielding a total return of 0.82% during this period. However, it underperformed its sector by 0.54% today. While the stock is trading above its 5-day and 200-day moving averages, it remains below its 20-day, 50-day, and 100-day moving averages. Additionally, there has been a notable decline in investor participation, with delivery volume falling by 54.39% compared to the 5-day average. Despite these mixed signals, the company has shown strong financial performance, with positive results over the last three consecutive quarters and a low debt-to-equity ratio of 0.07 times, indicating financial stability.
In the broader market context, Welspun Corp's short-term return of 0.76% over the past week slightly outpaces the Sensex, which has returned 0.53% in the same timeframe. The stock has demonstrated consistent performance over the last three years, significantly outperforming the BSE500 index. With a return of 25.97% over the past year and a PEG ratio of 0.4, the stock appears to be fairly valued compared to its peers. High institutional holdings at 32.86% suggest that knowledgeable investors have confidence in the company's fundamentals, which may contribute to the stock's resilience despite recent fluctuations in trading volume.