Why is Salzer Electron. falling/rising?

As of 18-Sep, Salzer Electronics Ltd is experiencing a decline in its stock price, currently at Rs 819.45, which represents a decrease of Rs 1.55 or 0.19%. The stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 4.66% away from Rs 781.25. Over the past year, Salzer Electronics has underperformed significantly, with a return of -14.67%, while its profits have increased by 37.7%. Despite an attractive valuation indicated by a ROCE of 11.7 and a PEG ratio of 0.6, the company has a high debt-equity ratio of 0.77 and the highest quarterly interest payments at Rs 12.10 crore, which may deter investors.
In the broader market context, the stock's short-term performance has been poor compared to the benchmark, with a 1-week return of -0.49% against the Sensex's gain of +1.80%. This underperformance is further highlighted by the stock's year-to-date decline of -41.22%, while the Sensex has risen by +6.24%. 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 or business prospects. Overall, the combination of high debt, poor recent performance, and limited institutional interest contributes to the stock's downward movement.