Why is Welspun Enterp falling/rising?

As of 18-Jul, Welspun Enterprises Ltd is currently priced at 520.55, reflecting an increase of 2.45 (0.47%). The stock has shown a trend reversal, gaining after two consecutive days of decline. It has outperformed its sector by 1.03% today, although there has been a notable drop in investor participation, with delivery volume falling by 58.97% against the 5-day average. Over the past week, the stock has risen by 1.35%, while it has generated a return of 7.77% over the past year, outperforming the BSE500 in each of the last three annual periods. Positive factors contributing to the stock's recent movement include rising promoter confidence, as promoters have increased their stake by 0.51%, indicating strong belief in the company's future. However, the company faces challenges with a high Debt to EBITDA ratio of 5.19 times, which raises concerns about its ability to service debt.
In the broader market context, the stock's performance contrasts with the Sensex, which has declined by 0.90% over the past week. While Welspun Enterprises has shown resilience with a positive return in the short term, the overall market sentiment appears to be less favorable. The company's attractive valuation, trading at a discount compared to peers, and consistent returns over the last three years provide a solid foundation for its performance. However, the flat results in recent financial periods and the high debt levels may temper investor enthusiasm, suggesting a cautious outlook despite the recent price increase.