Why is Welspun Enterp falling/rising?

As of 19-Sep, Welspun Enterprises Ltd is currently priced at 555.70, reflecting a decrease of 4.6 points or 0.82%. The stock has underperformed its sector by 1.12% today and has experienced a trend reversal after six consecutive days of gains. Despite this decline, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend prior to this drop. Over the past week, the stock has shown a significant return of 15.67%, although it has a year-to-date return of -7.61%. The company's operating profit has grown at an annual rate of 28.61%, but it is trading at a premium compared to its peers, which may contribute to the recent price movement.
Broader Market Context: In comparison to the Sensex, which has increased by 0.88% over the past week, Welspun Enterprises Ltd's strong short-term performance stands out. However, the stock's recent decline may be influenced by flat results in June and a high debt-equity ratio of 0.59 times, which raises concerns about its financial stability. While the stock has generated a negative return of -2.82% over the past year, its profits have increased by 4.3%, suggesting that the market may be reacting cautiously to its valuation amidst rising interest and debt levels.