Why is Welspun Enterp falling/rising?

As of 03-Jul, Welspun Enterprises Ltd is experiencing a decline in its stock price, currently at Rs 533.50, which reflects a decrease of Rs 5.5 or 1.02%. Today's price summary indicates that the stock opened lower, with a gap down of 2.22%, and reached an intraday low of Rs 527.05. Additionally, the stock has underperformed its sector by 0.67%. Over the past week, the stock has decreased by 1.40%, while it has shown a positive return of 7.88% over the last month. Despite these fluctuations, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Positive factors include rising promoter confidence, as they have increased their stake by 0.51%, and the company’s attractive valuation metrics. However, the stock faces challenges due to a high Debt to EBITDA ratio of 5.19 times, indicating a low ability to service debt, and concerns about long-term growth, as net sales have only grown at an annual rate of 14.67% over the last five years.
In the broader market context, the stock's recent performance has been weaker compared to the benchmark index, with a 1-week decline of 1.40% against the Sensex's decrease of 0.62%. While the stock has outperformed the benchmark over the longer term, generating a 10.93% return over the past year compared to the Sensex's 4.07%, the current short-term underperformance may be contributing to the recent price decline. The overall market sentiment and the company's challenges with debt servicing could be influencing investor confidence, leading to the observed drop in stock price.