Why is Welspun Investme falling/rising?

As of 26-Aug, Welspun Investments & Commercials Ltd is experiencing a price increase, currently at 944.00, reflecting a rise of 34.4 or 3.78%. Despite this uptick, the stock has underperformed its sector significantly, with a performance today that is down by 97.43%. The stock has shown erratic trading patterns, not trading on one day out of the last 20 days, and is trading below all its moving averages, indicating a bearish trend. Additionally, there has been a notable decline in investor participation, with delivery volume falling by 47.4% against the 5-day average. Over the past week, the stock has gained 1.51%, while it has seen a decline of 11.56% over the past month, contrasting with the Sensex, which has dropped by only 0.83% in the same timeframe. The company is facing challenges, including operating losses and a low Return on Equity of 2.39%, which signifies weak profitability.
In the broader market context, while the stock has shown a year-to-date return of 4.69%, it has underperformed the Sensex, which has gained 3.39% in the same period. The stock's long-term fundamentals appear weak, with a PEG ratio of 4.7 indicating an expensive valuation relative to its peers, despite a 21.3% rise in profits over the past year. The combination of flat quarterly results, low profitability, and high valuation compared to historical averages suggests that the stock may be facing headwinds that could limit its upward momentum, despite the recent price increase.