Why is Welspun Special. falling/rising?

As of 29-Jul, Welspun Specialty Solutions Ltd is currently priced at 32.97, reflecting an increase of 0.31 or 0.95%. Despite this uptick, the stock has underperformed its sector by 0.36% today and has experienced a trend reversal after four consecutive days of decline. Over the past week, the stock has decreased by 5.75%, and over the past month, it has fallen by 6.79%. The company has shown weak long-term fundamental strength, with a high debt-to-equity ratio and a return on capital employed of only 3.25%, indicating low profitability. Additionally, the latest financial results reveal a significant decline in profit after tax, which has decreased by 93.31%, and a negative return on equity of -1.6. The stock is trading at a discount compared to its peers, but the overall negative sentiment is reflected in the minimal domestic mutual fund holdings of only 0.01%.
In the broader market context, the stock's performance has been notably worse than the benchmark, with a one-year return of -27.76% compared to the BSE500's decline of only -2.26%. This stark contrast highlights the stock's struggles relative to the market. The falling investor participation, evidenced by a 52.01% drop in delivery volume, further underscores the lack of confidence among investors. While the stock is liquid enough for trading, the overall negative trends in both the company's financial health and its market performance suggest that the recent price increase may not be sustainable in the face of ongoing challenges.