Why is Wires & Fabriks falling/rising?

As of 24-Jun, Wires & Fabriks (S.A) Ltd is experiencing a decline in its stock price, currently at Rs 185.25, which represents a decrease of 9.75 points or 5.0%. The stock has underperformed its sector by 4.69% today and has been on a downward trend for the last four days, accumulating a total decline of 11.28% over that period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent bearish sentiment. While the stock has shown a positive return of 12.68% over the past year, its long-term fundamentals are weak, with a low Return on Capital Employed (ROCE) of 3.74% and poor sales growth of only 2.08% annually over the last five years.
In the broader market context, the Sensex has shown a slight gain of 0.58% over the past week, contrasting sharply with Wires & Fabriks' significant decline of 11.28% in the same timeframe. This stark difference highlights the stock's underperformance relative to the benchmark. Despite an increase in investor participation, as indicated by a 156.21% rise in delivery volume, the overall financial health of the company remains concerning due to high debt levels and low profitability ratios. These factors contribute to a negative outlook for the stock, reinforcing its status as a strong sell.