Why is Welspun Enterp falling/rising?

As of 17-Jul, Welspun Enterprises Ltd is currently priced at 518.10, reflecting a decrease of 1.75, or 0.34%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 1.92%. In terms of returns, the stock has shown a slight decline of 0.69% over the past week and a marginal decrease of 0.41% over the past month. Despite a positive return of 4.14% over the last year, the company faces challenges such as a high Debt to EBITDA ratio of 5.19 times, which indicates a low ability to service debt. However, there are positive indicators as well, including a rising promoter stake, which has increased by 0.51% in the last quarter, signaling confidence in the company's future.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has declined by 1.12% over the past week. While Welspun Enterprises has outperformed the benchmark over the last year and consistently over the past three years, its year-to-date performance shows a significant decline of 13.87% compared to the Sensex's gain of 5.27%. The stock's current liquidity is adequate for trading, and there has been a notable increase in delivery volume, suggesting some investor interest despite the recent price drop. Overall, while there are some positive factors supporting the stock, the recent declines and high debt levels are contributing to its current downward movement.