Why is Welspun Special. falling/rising?

As of 26-Sep, Welspun Specialty Solutions Ltd is experiencing a decline in its stock price, currently at Rs 36.03, reflecting a decrease of 1.01 (-2.73%). The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total return of -7.92% over the past week. Today's trading saw the stock reach an intraday low of Rs 35.65, with a weighted average price indicating that more volume was traded closer to this low. Additionally, the company has shown poor long-term growth, with a significant drop in profit after tax (PAT) of -93.31% over the last six months and a high debt-to-equity ratio of 4.14 times, which raises concerns about its financial stability and profitability.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has underperformed the Sensex, which declined by only -2.66% over the same week. While the stock has shown some positive returns over the past month (+18.13%), its year-to-date performance remains negative at -14.08%, significantly worse than the Sensex's +2.93%. The lack of investor participation, with delivery volume dropping by -54.29% against the five-day average, further indicates waning confidence in the stock. Overall, the combination of high debt, poor profitability, and underperformance relative to the market suggests a challenging outlook for Welspun Specialty Solutions Ltd.