Why is Welspun Living falling/rising?

As of 18-Jul, Welspun Living Ltd's stock price is currently at Rs 142.90, reflecting an increase of Rs 3.7 or 2.66%. The stock has shown a positive performance today, outperforming its sector by 3.5%, and reached an intraday high of Rs 144.7, which is a 3.95% increase. Over the past week, the stock has risen by 1.93%, and in the last month, it has appreciated by 8.38%. However, despite these short-term gains, the stock has underperformed over the longer term, with a year-to-date decline of 9.30% and a one-year drop of 18.92%. The company has attractive valuations with a return on capital employed (ROCE) of 13.7 and is trading at a discount compared to its peers. Nonetheless, it has faced challenges, including negative results for the last three consecutive quarters and a decline in profits by 6.2% over the past year.
In the broader market context, while Welspun Living has shown positive short-term returns, the benchmark Sensex has experienced a slight decline of 0.90% over the past week and a modest increase of 0.38% over the past month. This indicates that the stock's recent rise is somewhat isolated, as it has not kept pace with the overall market trends. Additionally, the company has shown poor long-term growth, with net sales growing at an annual rate of only 9.06% and operating profit at 2.33% over the last five years. The falling investor participation, as evidenced by a 13.36% decrease in delivery volume, further complicates the stock's outlook, suggesting that despite today's gains, there are underlying concerns that may affect its future performance.