Why is Welspun Living falling/rising?

As of 02-Jul, Welspun Living Ltd's stock is currently priced at 139.65, reflecting a decrease of 0.4, or 0.29%. The stock has been underperforming, having fallen for the last three consecutive days, resulting in a total decline of 3.09% during this period. In terms of returns, the stock has shown a negative performance of 7.55% over the past year, while its profits have decreased by 6.2%. Despite having a relatively attractive valuation with a return on capital employed (ROCE) of 13.7 and trading at a discount compared to peers, the company has declared negative results for the last three consecutive quarters, contributing to investor concerns and the stock's recent decline.
In the broader market context, the stock has underperformed the benchmark Sensex, which has gained 0.79% over the past week, while Welspun Living's stock has decreased by 0.25%. The stock's year-to-date performance is also concerning, with a decline of 11.36% compared to the Sensex's increase of 6.75%. Additionally, the falling investor participation, as indicated by a significant drop in delivery volume, suggests a lack of confidence among investors, further exacerbating the stock's downward trend.