Why is Welspun Living falling/rising?

As of 15-Jul, Welspun Living Ltd's stock price is currently at 138.80, reflecting an increase of 0.5, or 0.36%. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite this uptick, it has underperformed its sector by 0.98% today. Over the past week, the stock has decreased by 3.44%, while it has gained 3.66% over the past month. However, it has significantly underperformed over the year, with a return of -18.06%, compared to the Sensex's positive return of 2.36%. The stock's valuation appears attractive with a return on capital employed (ROCE) of 13.7 and a lower trading price relative to its peers, but it has faced challenges with declining profits and negative results over the last three quarters.
Broader Market Context: In the context of the broader market, Welspun Living's recent performance contrasts with the Sensex, which has shown a modest gain of 1.79% over the past month. The stock's liquidity is adequate for trading, and there has been a slight increase in delivery volume, indicating rising investor participation. However, the company has struggled with poor long-term growth metrics, including low net sales growth and a declining profit before tax. This underperformance relative to the market, combined with the negative financial results, suggests that while there may be short-term gains, the overall outlook remains cautious.