Why is Salzer Electron. falling/rising?

As of 16-Sep, Salzer Electronics Ltd is experiencing a decline in its stock price, currently at Rs 812.50, reflecting a decrease of Rs 1.7 or 0.21%. The stock has underperformed its sector by 1.99% today and has been on a downward trend for the past two days, with a total decline of 1.71%. Additionally, it is trading lower than all its moving averages, indicating a bearish sentiment. Over the past month, the stock has fallen by 3.61%, and year-to-date, it has seen a significant drop of 41.71%. Despite a 37.7% increase in profits over the past year, the stock has generated a negative return of 18.09%, which raises concerns among investors. The high debt-equity ratio of 0.77 and the flat results reported in June further contribute to the negative outlook.
In the broader market context, the Sensex has shown a positive return of 1.58% over the past week, contrasting with Salzer Electronics' 1.08% gain, indicating that the stock is lagging behind the market. The stock's performance over the last year has also been notably poor compared to the BSE500, which has returned -2.93%. The low participation from domestic mutual funds, holding only 0.02% of the company, suggests a lack of confidence in the stock's current valuation. This combination of underperformance against the benchmark and negative investor sentiment contributes to the ongoing decline in Salzer Electronics' stock price.