Why is Welspun Living falling/rising?

As of 22-Jul, Welspun Living Ltd is experiencing a decline in its stock price, currently at Rs 139.90, reflecting a decrease of Rs 2.55 or 1.79%. The stock has underperformed its sector by 1.36% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 2.1%. Additionally, the stock's performance over the past week shows a modest increase of 0.79%, but it has significantly underperformed over the last year with a decline of 21.18%. The company has reported negative results for the last three consecutive quarters, with a notable decrease in profits, which has contributed to the stock's poor performance. Despite having an attractive valuation with a return on capital employed (ROCE) of 13.7 and trading at a discount compared to peers, the overall sentiment remains negative due to declining sales and operating profits.
Broader market context indicates that while the Sensex has shown a slight decline of 0.47% over the past week, Welspun Living's performance has been relatively better in the short term, with an 8.62% increase over the past month compared to the benchmark's slight drop. However, the stock's year-to-date performance remains concerning, with a decline of 11.20% against the Sensex's gain of 5.18%. The falling investor participation, evidenced by a significant drop in delivery volume, further suggests a lack of confidence among investors, which could be impacting the stock's current price movement.