Why is Welspun Living falling/rising?

As of 01-Sep, Welspun Living Ltd's stock price is currently at Rs 110.90, reflecting an increase of Rs 1.65 or 1.51%. The stock has shown a trend reversal today, gaining after seven consecutive days of decline, and it outperformed its sector by 0.47%. Despite this positive movement, the stock has underperformed significantly over the past week, with a decline of 4.93%, and a year-to-date drop of 29.61%. The company has been trading at a discount compared to its peers, with a return on capital employed (ROCE) of 13.7, but it has also faced challenges, including a 42.57% decline in returns over the past year and negative results for the last four consecutive quarters, indicating poor long-term growth prospects.
Broader Market Context: In the context of the broader market, the Sensex has declined by 1.56% over the past week, which suggests that while Welspun Living's stock has experienced a short-term rise, it is still facing headwinds compared to the overall market. The stock's performance over the last three years has been better than the benchmark, with a return of 46.40% compared to the Sensex's 36.75%, but the recent negative trends and declining profits indicate a challenging environment for the company. The liquidity of the stock remains adequate, with a delivery volume increase of 28.15% against the five-day average, which may suggest some renewed interest from investors despite the overall negative sentiment surrounding its performance.