Why is Salzer Electron. falling/rising?

As of 26-Aug, Salzer Electronics Ltd is experiencing a decline in its stock price, currently at Rs 817.35, which reflects a decrease of Rs 22.65 or 2.7%. The stock has underperformed today, with a performance that is 0.89% lower than its sector. It has also touched an intraday low of Rs 812.05, indicating a significant drop of 3.33%. Over the past week, the stock has fallen by 5.37%, and year-to-date, it has seen a substantial decline of 41.37%. Despite a positive profit growth of 37.7% over the past year, the stock's return has been negative at -25.70%, which suggests underlying issues impacting investor sentiment. The company's high debt-equity ratio of 0.77 and the highest quarterly interest payment of Rs 12.10 crore may also contribute to the negative perception among investors.
In the broader market context, the Sensex has only declined by 1.05% over the past week and has generated a positive return of 3.39% year-to-date, indicating that Salzer Electronics is lagging significantly behind the benchmark. The stock's liquidity appears to be adequate, but the falling investor participation, with a decrease in delivery volume by 4.26%, raises concerns about demand. Additionally, the low stake held by domestic mutual funds, at just 0.02%, may reflect a lack of confidence in the stock's current valuation and future prospects. Overall, the combination of poor short-term performance, high debt levels, and underwhelming market interest is contributing to the stock's downward trend.