Why is Wheels India falling/rising?

As of 14-Jul, Wheels India Ltd. is currently priced at 794.35, reflecting a decrease of 2.15, or 0.27%. The stock has underperformed its sector today by 1.66%, and its delivery volume has seen a significant decline of 34.15% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has decreased by 1.20%, while it has shown a positive return of 5.60% over the last month. Despite a year-to-date increase of 18.56%, the stock has struggled over the past year with a decline of 7.63%. Positive factors include strong financial results over the last five quarters, a high return on capital employed, and attractive valuations compared to peers. However, concerns about high debt levels and low long-term growth potential may be contributing to the recent price decline.
In the broader market context, Wheels India has underperformed the benchmark Sensex, which has seen a decline of 1.42% over the past week. While the stock has shown some resilience with a 5.60% gain over the last month, its long-term performance remains a concern, particularly given its negative return of 7.63% over the past year compared to the Sensex's positive return of 2.15%. The stock's consistent underperformance against the benchmark over the last three years further highlights the challenges it faces in attracting investor confidence, especially in light of its high debt-to-EBITDA ratio and low return on equity.