Why is Welspun Enterp falling/rising?

As of 02-Jul, Welspun Enterprises Ltd is experiencing a price increase, currently trading at 539.00, which reflects a change of 2.85 (0.53%) upward. The stock has outperformed its sector by 2.16% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has risen by 4.97%, and in the last month, it has increased by 7.80%. Despite a year-to-date decline of 10.39%, the stock has shown a strong annual return of 14.90% and an impressive 453.39% increase over the last three years. Positive factors contributing to this rise include an attractive valuation with a return on capital employed (ROCE) of 16.1, increased promoter confidence with a 0.51% stake increase, and consistent returns over the past three years. However, the company faces challenges such as a high Debt to EBITDA ratio of 5.19 times, indicating low ability to service debt, and flat long-term growth in net sales.
In the broader market context, Welspun Enterprises Ltd has significantly outperformed the benchmark Sensex, which has only increased by 0.79% over the past week and 2.50% over the last month. This stark contrast highlights the stock's strong performance relative to the market. While the stock's liquidity remains adequate for trading, the recent decline in delivery volume by 66.27% against the 5-day average may indicate a potential concern for future investor participation. Overall, the combination of positive momentum from recent performance and promoter confidence, alongside some underlying financial challenges, paints a complex picture of the stock's current trajectory.