Why is Welspun Enterp falling/rising?

As of 01-Jul, Welspun Enterprises Ltd is currently priced at 536.15, reflecting a decrease of 3.9 points or 0.72%. Today's price summary indicates that the stock has underperformed its sector by 0.61%, with trading volume closer to its low price. Despite this, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally positive trend over a longer period. Over the past year, the stock has generated a return of 13.18%, while profits have increased by 8.8%. The rising promoter confidence, with a 0.51% increase in their stake, indicates a positive outlook for the company, although the recent decline in delivery volume by 12.98% against the 5-day average may reflect a decrease in investor participation.
In the broader market context, Welspun Enterprises has outperformed the Sensex over the past week and month, with returns of 7.07% and 6.35%, respectively, compared to the benchmark's 2.00% and 2.76%. However, year-to-date, the stock has underperformed, showing a decline of 10.86% against the Sensex's gain of 7.11%. This divergence highlights a mixed performance, where short-term gains are overshadowed by a significant year-to-date decline, suggesting that while the stock has shown resilience in the short term, broader market pressures may be influencing its current price movement.