Why is Wendt India falling/rising?

As of 18-Jul, Wendt India Ltd's stock price is rising, currently at Rs 11,250.00, reflecting an increase of Rs 313.4 or 2.87%. Today's price summary indicates that the stock has outperformed its sector by 3.68% and has experienced a trend reversal, gaining after two consecutive days of decline. The stock reached an intraday high of Rs 11,358, marking a 3.85% increase. However, it is noteworthy that the delivery volume has decreased significantly by 45.51% compared to the five-day average, suggesting a decline in investor participation. Over the past week, the stock has shown a modest increase of 0.45%, while its one-month performance is notably strong at 35.23%, contrasting with a year-to-date decline of 31.74%.
In the broader market context, Wendt India has outperformed the Sensex, which has declined by 0.90% over the past week. Despite this recent uptick, the stock has underperformed the market over the last year, with a return of -27.92% compared to the Sensex's modest gain of 0.51%. While the company boasts a high return on equity (ROE) of 16.47% and a low debt-to-equity ratio, it faces challenges such as flat results in March 2025 and a high price-to-book value ratio, indicating it may be overvalued relative to its peers. These mixed signals contribute to the stock's volatility and recent price movements.