Why is Salasar Exterior falling/rising?

As of 22-Sep, Salasar Exteriors & Contour Ltd is experiencing a decline in its stock price, currently at Rs 5.65, which reflects a decrease of Rs 0.25 or 4.24%. The stock has underperformed its sector by 4.17% today and is trading below all key moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 3.54% away from Rs 5.45. Over the past week, the stock has dropped by 4.24%, and its year-to-date performance shows a significant decline of 69.13%, contrasting sharply with the Sensex, which has gained 6.59% during the same period. Notably, investor participation has waned, with a drastic 97.44% drop in delivery volume compared to the 5-day average, suggesting a lack of confidence among investors.
Broader Market Context: In the context of the broader market, Salasar Exteriors' recent performance starkly contrasts with the Sensex, which has shown a positive return of 0.53% over the past week. This divergence highlights the stock's struggles relative to the overall market sentiment. The significant underperformance over various time frames, including a 69.13% drop year-to-date and an 82.39% decline over three years, further emphasizes the challenges faced by the company. The lack of available positive factors in the dashboard indicates that there are no recent catalysts to support a rebound in the stock price, reinforcing the bearish outlook.