Why is Welspun Investme falling/rising?

As of 03-Nov, Welspun Investments & Commercials Ltd is experiencing a decline in its stock price, currently at 1,198.90, which reflects a decrease of 127.8 points or 9.63%. Today's trading has been characterized by significant volatility, with the stock opening down by 12.94% and reaching an intraday low of Rs 1,097.25, marking a drop of 17.29%. The stock has underperformed its sector by 10.41% today, and trading volume has shown a decrease in investor participation, with delivery volume falling by 3.94% compared to the 5-day average. Despite a strong performance over the longer term, with a year-to-date increase of 32.96% and a 3-year increase of 322.15%, the current short-term movement reflects negative sentiment.
Broader Market Context: In comparison to the benchmark Sensex, which has seen a modest decline of 0.94% over the past week, Welspun's stock has underperformed significantly with a weekly drop of 11.39%. This stark contrast highlights the stock's current struggles despite its positive performance over the past month and year. The broader market context suggests that while the overall market has been relatively stable, Welspun's recent erratic trading and high volatility indicate specific challenges that are impacting investor confidence and contributing to its price decline.