Why is Salzer Electron. falling/rising?

As of 29-Jul, Salzer Electronics Ltd's stock price is currently at Rs. 790.20, reflecting a decrease of Rs. 2.1 or 0.27%. The stock has recently hit a new 52-week low of Rs. 781.25 and has been on a downward trend, losing 7.42% over the past week and 13.28% over the last month. It has underperformed its sector by 1.99% today and has been declining for five consecutive days. Despite a rise in investor participation, with delivery volume increasing by 16.18% against the five-day average, the stock is trading below its moving averages across multiple time frames. The company's financials show a return on capital employed (ROCE) of 11.7 and a PEG ratio of 0.5, indicating attractive valuation; however, the stock's performance over the past year has been poor, with a return of -15.54% compared to a slight decline in the broader market.
In the broader market context, Salzer Electronics has significantly underperformed the benchmark, with a one-year return of -15.54% against the BSE500's decline of only -2.26%. This stark contrast suggests that investor sentiment towards Salzer Electronics is particularly negative, possibly influenced by flat quarterly results and a high debt-equity ratio of 0.77. The limited stake held by domestic mutual funds, at just 0.02%, may indicate a lack of confidence in the stock's current valuation or business prospects. Overall, the combination of declining stock performance, poor financial results, and weak market sentiment contributes to the stock's downward movement.