Why is Selan Expl. Tech falling/rising?

As of 24-Jul, Selan Explorations Technology Ltd's stock price is currently at Rs 608.00, reflecting a decrease of Rs 22.2 or 3.52%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 7.75% during this period. Additionally, the stock has shown a significant year-to-date decline of 26.16%, while its performance over the past month is also negative at -10.65%. The stock's trading activity indicates a weighted average price closer to its intraday low of Rs 605.9, and while it is trading above the 100-day moving average, it remains below the shorter-term moving averages. There is a noted increase in investor participation, with delivery volume rising by 67.68% compared to the five-day average, suggesting some interest despite the recent price drop.
In the broader market context, Selan Explorations Technology Ltd's performance has been notably weaker than the benchmark Sensex, which has shown a slight increase of 0.16% over the past month. The stock's recent underperformance of 7.35% over the last week contrasts sharply with the Sensex's minimal decline of only 0.09%. This divergence highlights the challenges faced by Selan Explorations in the current market environment, as it continues to struggle against both sector performance and broader market trends.