Why is Salasar Techno falling/rising?

As of 24-Sep, Salasar Techno Engineering Ltd is experiencing a decline in its stock price, currently at 9.56, which reflects a decrease of 0.12 or 1.24%. The stock has been on a downward trend, losing value for the last four consecutive days and showing a total decline of 6% during this period. In terms of performance, the stock has underperformed significantly over the past year, with a return of -53.70%, while the broader market (BSE500) has only fallen by -5.32%. Additionally, the stock's delivery volume has decreased by 63.99% compared to the 5-day average, indicating falling investor participation. Despite a healthy long-term growth rate in net sales and attractive valuations compared to peers, the stock's recent negative performance is compounded by a significant drop in profits and a decrease in promoter confidence, as they have reduced their stake in the company.
Broader Market Context: In the short term, Salasar Techno's performance has been worse than the benchmark, with a 1-week return of -3.24% compared to the Sensex's decline of -1.18%. This underperformance highlights the stock's struggles in a challenging market environment. While the stock has shown positive growth over longer periods, such as a 21.78% increase over the past month and a remarkable 391.90% rise over the last five years, the recent negative trends and declining investor confidence suggest that the current market sentiment is unfavorable for Salasar Techno Engineering Ltd.