Why is Salasar Techno falling/rising?

As of 18-Sep, Salasar Techno Engineering Ltd's stock is currently priced at 10.17, reflecting an increase of 0.29 or 2.94%. The stock has shown strong performance recently, gaining 12.87% over the last four days and outperforming its sector by 2.71% today. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, despite this positive momentum, the stock has experienced a significant decline of 53.96% over the past year, with profits falling by 41%. Additionally, there has been a reduction in promoter confidence, as they have decreased their stake by 2.03%, which may indicate concerns about the company's future prospects.
In the broader market context, Salasar Techno's short-term return of 12.38% over the past week significantly outperforms the Sensex, which has only increased by 1.80% in the same period. While the stock has shown recent gains, it has underperformed the market over the last year, where the BSE500 index fell by only 1.96%. This stark contrast highlights the challenges the company faces, despite its recent price increase and healthy long-term growth potential, as indicated by a 27.59% annual growth rate in net sales.