Why is Salzer Electron. falling/rising?

As of 17-Sep, Salzer Electronics Ltd is experiencing a price increase, currently at Rs 821.00, reflecting a rise of 8.5 (1.05%). The stock has shown a trend reversal after two consecutive days of decline, outperforming its sector by 0.68%. Despite this positive movement, the stock is still 4.84% away from its 52-week low of Rs 781.25. Over the past week, the stock has underperformed, with a return of -1.17%, while the Sensex has gained 1.56%. Additionally, the stock's performance over the last year shows a decline of 14.43%, significantly worse than the benchmark's slight drop of 0.46%. The company has a return on capital employed (ROCE) of 11.7, indicating an attractive valuation, but it also has a high debt-equity ratio of 0.77, which raises concerns.
Broader Market Context: The broader market context indicates that while Salzer Electronics has seen a recent uptick, its long-term performance remains concerning, particularly with a year-to-date decline of 41.10% compared to the Sensex's gain of 5.83%. The stock's underperformance in the last year, coupled with low domestic mutual fund holdings at only 0.02%, suggests a lack of confidence among institutional investors. This could be a reflection of the company's flat results and high interest expenses, which may deter potential investors despite the recent price increase. Overall, while there are some positive indicators, the stock's historical performance and current financial metrics present a mixed outlook.