Why is Welspun Enterp falling/rising?

As of 07-Jul, Welspun Enterprises Ltd is experiencing a decline in its stock price, currently at 521.75, which reflects a decrease of 8.45 points or 1.59%. The stock has underperformed its sector by 1.49% today and has been on a downward trend for the past three days, accumulating a total loss of 3.2%. In terms of returns, the stock has shown a negative performance over the last week at -3.39%, while it has slightly improved by 0.34% over the past month. Despite a positive annual return of 7.49%, the stock's year-to-date performance is significantly lower at -13.26%. Factors contributing to this decline include a falling investor participation, as evidenced by a 63.24% drop in delivery volume compared to the five-day average, and a high Debt to EBITDA ratio of 5.19, indicating challenges in servicing debt.
In the broader market context, the Sensex has shown a minor decline of 0.20% over the past week, which suggests that the overall market sentiment is relatively stable compared to the stock's more pronounced decline. While the stock has consistently outperformed the BSE500 over the last three years, the recent negative trends in short-term performance and liquidity issues may be weighing on investor confidence. Additionally, despite the positive indicators such as rising promoter confidence and attractive valuation metrics, the company's high debt levels and poor long-term growth prospects are likely contributing to the stock's current downward movement.