Why is Wires & Fabriks falling/rising?

As of 29-Jul, Wires & Fabriks (S.A) Ltd is experiencing a decline in its stock price, currently at 230.00, reflecting a decrease of 13.95 points or 5.72%. The stock has underperformed its sector by 6.4% today and has been on a consecutive downward trend for the last three days, accumulating a total loss of 10.85%. Although it reached an intraday high of Rs 252.75, it also hit a low of Rs 230, indicating significant volatility. Over the past week, the stock has fallen by 8.57%, contrasting with a positive return of 24.29% over the last month. Despite a strong long-term performance with a 32.30% return over the past year, the company's weak fundamentals, including a low Return on Capital Employed (ROCE) of 4.7 and a high Debt to EBITDA ratio, are contributing to the current negative sentiment.
In the broader market context, the stock's recent performance has lagged behind the benchmark Sensex, which has only decreased by 1.03% over the past week. The stock's liquidity appears to be adequate, but a significant drop in delivery volume by 50.97% compared to the 5-day average suggests waning investor interest. While the company has outperformed the BSE500 over longer periods, the recent negative results and poor growth metrics, such as a low annual sales growth rate of 2.08% over the last five years, are likely influencing investor confidence and contributing to the stock's current decline.