Why is Welspun Enterp falling/rising?

As of 21-Jul, Welspun Enterprises Ltd is experiencing a decline in its stock price, currently at 514.75, which reflects a decrease of 5.8 points or 1.11%. Today's price summary indicates that the stock has underperformed its sector by 1.56%. The stock is trading higher than its 50-day and 100-day moving averages but lower than its 5-day, 20-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 44.36% against the 5-day average. Over the past week, the stock has decreased by 1.62%, while it has shown a modest increase of 2.77% over the past month. Despite generating an 11.00% return over the past year, the company faces challenges such as a high Debt to EBITDA ratio of 5.19 times and a flat growth in net sales over the last five years.
In the broader market context, the Sensex has only slightly declined by 0.06% over the past week, indicating that the stock's short-term performance is underperforming compared to the benchmark. While the stock has shown strong returns over the longer term, outperforming the BSE500 in the last three years, the recent drop in price may be attributed to concerns over its ability to service debt and the flat results reported in March. However, the increase in promoter confidence, with a 0.51% rise in their stake, suggests some level of optimism regarding the company's future prospects. Overall, the combination of declining investor participation and concerns over debt servicing appears to be influencing the stock's recent downward movement.