Why is Welspun Special. falling/rising?

As of 13-Aug, Welspun Specialty Solutions Ltd is currently priced at 30.82, reflecting a slight increase of 0.12 or 0.39%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend. Over the past week, the stock has decreased by 5.40%, and it has also seen a significant decline of 26.51% year-to-date. The company's return on equity is negative at -1.6, and despite trading at a discount compared to its peers, it has experienced a drastic profit decline of 113.4% over the past year. Additionally, the delivery volume has fallen by 13.55% against the 5-day average, suggesting reduced investor participation.
In the broader market context, while the Sensex has shown a minimal decline of 0.01% over the past week, Welspun Specialty Solutions Ltd has underperformed significantly, with a 5.40% drop in the same period. The stock's performance has been notably poor over the last year, with a return of -25.86%, contrasting sharply with the market's negative return of only -0.64%. This underperformance, combined with high debt levels and weak long-term fundamentals, has likely contributed to the stock's declining appeal among investors, as evidenced by the minimal stake held by domestic mutual funds.