Why is WPIL falling/rising?

As of 23-Sep, WPIL Ltd's stock price is currently at 440.00, reflecting an increase of 9.15 or 2.12%. The stock has outperformed its sector today by 2.36% and has shown a consecutive gain over the last two days, rising by 4.6% during this period. The stock reached an intraday high of Rs 444, indicating positive momentum. Despite a year-to-date decline of 39.98%, the stock has generated a modest return of 0.47% over the past year, although profits have decreased by 27.3%. The company maintains a low debt-to-equity ratio of 0.09 and a fair valuation with a Price to Book Value of 3.1, but it is trading at a premium compared to its peers.
In the broader market context, WPIL's short-term performance has been favorable compared to the Sensex, which has declined by 0.34% over the past week while WPIL has increased by 1.73%. This indicates that WPIL is gaining traction despite the overall market conditions. However, the company has faced challenges, including negative results in the last two quarters and a poor long-term growth outlook, with net sales growing at an annual rate of only 14.80% over the last five years. These factors contribute to a mixed sentiment around the stock, as it has shown resilience in the short term but faces significant long-term growth concerns.