Why is Western Carriers falling/rising?

As of 18-Nov, Western Carriers (India) Ltd is experiencing a decline in its stock price, currently at Rs 120.70, reflecting a decrease of Rs 2.2 or 1.79%. The stock has underperformed its sector by 1.49% today and has been on a downward trend for the last two days, with a total decline of 3.59% over the past month. The stock touched an intraday low of Rs 119.45, indicating significant selling pressure. Despite rising investor participation, with a notable increase in delivery volume, the company's weak long-term fundamentals, including a negative growth in operating profits and consecutive quarterly losses, contribute to the negative sentiment surrounding the stock.
In the broader market context, the stock's performance over the past week shows a decline of 4.32%, while the benchmark Sensex has gained 0.96% during the same period. This stark contrast highlights the stock's underperformance relative to the market. Although the promoters have increased their stake, signaling confidence in the company, the overall financial health remains concerning, with a low return on equity and a high price-to-book ratio. These factors suggest that while there may be some positive signals, the prevailing negative trends in profitability and market performance are driving the stock lower.