Why is Wendt India falling/rising?

As of 22-Sep, Wendt India Ltd's stock price is currently at 9,493.70, reflecting a decrease of 113.7 points or 1.18%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 2.35% during this period. Additionally, Wendt India has experienced significant losses over the past month and year, with returns of -6.90% and -34.47%, respectively. The company's recent financial performance has raised concerns, particularly following a negative PAT result and a drop in net sales, which have contributed to a perception of reduced confidence among investors, as indicated by a 37.5% decrease in promoter stake.
In the broader market context, Wendt India has underperformed relative to the Sensex, which has gained 0.46% over the past week while Wendt's stock has declined by 1.11%. This trend of underperformance is further highlighted by the stock's significant drop in year-to-date returns compared to the benchmark's positive performance of 5.15%. Despite some positive factors such as high management efficiency and low debt levels, the overall sentiment surrounding the stock remains negative due to declining profits and reduced promoter confidence, leading to its current downward trajectory.