Why is Salzer Electron. falling/rising?

As of 22-Sep, Salzer Electronics Ltd is experiencing a decline in its stock price, currently at Rs 804.00, which reflects a decrease of Rs 18.3 or 2.23%. The stock has underperformed today, opening with a loss of 2.04% and touching an intraday low of Rs 800.55. It is also trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has fallen by 1.25%, and it has a year-to-date return of -42.32%, significantly underperforming the Sensex, which has gained 5.15% in the same period. While the company has shown a profit increase of 37.7% over the past year, the stock's return of -15.37% indicates a disconnect between profitability and stock performance. Additionally, the high debt-equity ratio and the low stake held by domestic mutual funds suggest a lack of confidence in the stock's current valuation.
Broader Market Context: In the context of the broader market, Salzer Electronics Ltd has significantly underperformed compared to the benchmark indices. While the Sensex has shown a positive return of 0.46% over the past week, Salzer's stock has declined by 1.25%. This trend continues over the longer term, with the stock's year-to-date performance being markedly worse than the market average, which has generated a negative return of only -3.80%. The stock's recent price movements and the broader market context indicate a challenging environment for Salzer Electronics, compounded by investor hesitance reflected in the low participation from domestic mutual funds.