Why is Welspun Living falling/rising?

As of 29-Sep, Welspun Living Ltd's stock price is currently at Rs 114.90, reflecting a decrease of Rs 1.65 or 1.42%. The stock has been underperforming recently, having fallen consecutively for the last three days, resulting in a total decline of 5.97% during this period. Additionally, it is trading below all key moving averages, indicating a bearish trend. The stock's performance over the past week shows a significant decline of 6.85%, while its year-to-date return is down by 27.07%. Despite having an attractive valuation with a return on capital employed (ROCE) of 13.7% and trading at a discount compared to peers, the company has faced negative results for the last four consecutive quarters, with profits falling by 23.2%. This poor financial performance has contributed to the stock's downward movement.
In the broader market context, while the Sensex has shown a modest decline of 2.18% over the past week, Welspun Living's performance has been significantly worse, indicating a lack of investor confidence. The stock's year-on-year return of -30.64% starkly contrasts with the Sensex's decline of only 6.08%, highlighting its underperformance relative to the market. The falling investor participation, as evidenced by a 10.46% drop in delivery volume, further suggests that market sentiment towards Welspun Living is negative. Overall, the combination of poor financial results, declining investor interest, and significant underperformance against the benchmark has led to the stock's recent decline.