Why is Selan Expl. Tech falling/rising?

As of 28-Aug, Selan Explorations Technology Ltd is experiencing a decline in its stock price, currently at Rs 525.60, which represents a decrease of Rs 29.95 or 5.39%. The stock has underperformed its sector by 5.27% today, opening with a loss of 2.93% and reaching an intraday low of Rs 525.60. Over the past week, the stock has fallen by 6.18%, and its performance over the last month shows a significant decline of 12.52%. The company has reported flat results for June 25, with a notable drop in profit before tax and net sales, contributing to a negative sentiment among investors. Additionally, the stock is trading below all key moving averages, indicating a bearish trend, and there has been a 33% decrease in delivery volume, suggesting falling investor participation. In the broader market context, Selan Explorations has significantly underperformed compared to the benchmark Sensex, which has only declined by 2.34% over the past week. The stock's year-to-date performance is particularly concerning, with a drop of 36.17% against the Sensex's gain of 2.48%. Despite the company's low debt-to-equity ratio and healthy long-term growth in operating profit, the lack of interest from domestic mutual funds and the high valuation relative to its peers indicate a lack of confidence in the stock's future performance. The substantial decline in stock price over the past year, coupled with a negative return of 46.74%, further emphasizes the challenges facing Selan Explorations Technology Ltd in the current market environment.