Why is SAL Automotive falling/rising?

As of 17-Sep, SAL Automotive Ltd's stock price is currently at 254.50, reflecting a decrease of 2.45 or 0.95%. The stock has been underperforming, having lost 2.08% over the last four days, and it opened today with a gain of 5.04%, reaching an intraday high of Rs 269.9 before falling to a low of Rs 250. The stock's performance over the past week shows a decline of 1.64%, while it has increased by 6.98% over the past month. However, the stock has significantly underperformed the market over the past year, with a return of -35.01% compared to the Sensex's -0.46%. Despite healthy long-term growth in net sales and attractive valuations, the stock's recent performance is negatively impacted by flat quarterly results and a significant drop in investor participation.
Broader market context indicates that SAL Automotive's short-term performance has lagged behind the benchmark, as it has underperformed the Sensex by 1.64% over the past week. The broader market has shown resilience with a 1.56% gain in the same period. The stock's decline is compounded by its poor performance relative to the market over the last year, where it has seen a much steeper fall compared to the overall market's slight decline. This disparity highlights the challenges faced by SAL Automotive in regaining investor confidence amidst a backdrop of generally improving market conditions.