Why is Welspun Living falling/rising?

As of 14-Jul, Welspun Living Ltd's stock price is currently at Rs 138.30, reflecting a decrease of Rs 1.9 or 1.36%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 3.56% during this period. Today's trading saw the stock reach an intraday low of Rs 136.5, and it has underperformed its sector by 0.84%. Over the past week, the stock has declined by 3.46%, while it has shown a modest increase of 3.29% over the past month. However, the stock has significantly underperformed over the longer term, with a year-to-date decline of 12.22% and a one-year drop of 18.77%. The company's financials reveal a concerning trend, as it has reported negative results for the last three consecutive quarters, and its profits have decreased by 6.2% despite a relatively attractive valuation indicated by a 13.7% ROCE.
In the broader market context, the Sensex has experienced a decline of 1.42% over the past week, indicating that the stock's short-term performance is worse than the benchmark. While the stock has shown strong returns over a three-year period, it has significantly lagged behind the market in the last year, where the BSE500 has generated a slight positive return of 0.26%. The falling investor participation, with a notable drop in delivery volume, further suggests a lack of confidence among investors, contributing to the stock's downward momentum. Overall, the combination of poor recent financial performance, negative investor sentiment, and underperformance relative to the market has led to the stock's current decline.