Why is SEL Mfg. Co falling/rising?

As of 10-Nov, SEL Manufacturing Company Ltd is experiencing a decline in its stock price, currently at Rs 34.17, which reflects a decrease of Rs 1.79 or 4.98%. The stock has been underperforming, having lost 4.55% over the past week and 24.29% year-to-date. Today's performance indicates a significant drop, with the stock falling for two consecutive days and experiencing a total decline of 6% in this period. The stock's intraday low of Rs 34.17 coincides with high volatility, marked by an intraday fluctuation of 5.05%. Additionally, investor participation has waned, with delivery volume dropping by 57.53% compared to the five-day average, indicating a lack of buying interest.
In the broader market context, the Sensex has only decreased by 0.53% over the past week, suggesting that SEL Manufacturing's decline is more pronounced than the overall market trend. While the stock has shown a positive return of 12.22% over the past month, its year-to-date performance remains significantly negative at -24.29%, contrasting sharply with the Sensex's gain of 6.91% in the same timeframe. This disparity highlights the stock's struggles relative to the benchmark, further exacerbated by its recent volatility and declining investor engagement.