Why is Selan Expl. Tech falling/rising?

As of 08-Sep, Selan Explorations Technology Ltd is currently priced at 566.00, reflecting an increase of 2.35 (0.42%). The stock has been gaining for the last two days, with a total return of 2.72% during this period. However, despite this recent uptick, the stock has underperformed over the longer term, with a year-to-date decline of 31.26% and a one-year drop of 38.97%. The company has a low debt-to-equity ratio and has shown healthy long-term growth, with operating profit increasing at an annual rate of 48.30%. Nevertheless, recent quarterly results have been disappointing, with significant declines in profit before tax, profit after tax, and net sales, leading to concerns about its valuation compared to peers. In the broader market context, Selan's short-term performance of +1.33% over the past week outpaces the Sensex's +0.53% return, indicating some relative strength. However, the stock's longer-term performance has been significantly weaker than the benchmark, which has returned +3.39% year-to-date. The falling investor participation, as evidenced by a 38.29% drop in delivery volume, raises concerns about liquidity and market confidence. Additionally, the lack of investment from domestic mutual funds may suggest that institutional investors are wary of the stock's current valuation and business prospects, further contributing to its underperformance relative to the market.