Why is Salzer Electron. falling/rising?

As of 13-Nov, Salzer Electronics Ltd is experiencing a significant rise in its stock price, currently at Rs 782.50, reflecting an increase of Rs 94.05 or 13.66%. Today's performance indicates that the stock has outperformed its sector by 12.77%, reaching an intraday high of Rs 809.15, which is a 17.53% increase. However, despite this positive movement, the stock has shown a decline of 10.91% over the past month and a substantial drop of 43.87% year-to-date. The company's return on capital employed (ROCE) stands at 12.4, suggesting an attractive valuation, but the stock has underperformed over the last year with a return of -19.81%, while profits have decreased by 17.6%. Additionally, the stock's high debt-equity ratio of 8.19 times and low debtors turnover ratio of 0.33 times raise concerns about its financial health.
Broader Market Context: In the context of the broader market, the Sensex has gained 1.40% over the past week and 8.11% year-to-date, indicating that Salzer Electronics Ltd's recent rise is notable compared to its ongoing struggles. The stock's performance over the last year has been significantly below the market average, which has generated returns of 8.74%. The decline in investor participation, as evidenced by a 52.25% drop in delivery volume, coupled with minimal domestic mutual fund investment, suggests a lack of confidence among institutional investors. This context highlights the challenges the company faces despite its recent price increase, as it continues to grapple with financial performance issues and market perception.