Why is Electronics Mart falling/rising?

As of 31-Jul, Electronics Mart India Ltd is experiencing a decline in its stock price, currently at 127.30, reflecting a decrease of 2.7 or 2.08%. The stock has underperformed its sector by 2.59% today and has fallen after two consecutive days of gains. It opened with a loss of 3.27% and reached an intraday low of Rs 125.75. Over the past week, the stock has dropped by 6.40%, and its performance over the last month shows a significant decline of 11.47%. Additionally, the stock has generated a return of -41.87% over the past year, while profits have decreased by 13%. The company has also reported negative results for the last three consecutive quarters, contributing to a low return on capital employed (ROCE) of 9.3, which is below par compared to its peers.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with the Sensex declining only 1.22% over the past week. The stock's liquidity appears adequate for trading, but there has been a significant drop in investor participation, with delivery volume falling by 48.5% against the five-day average. High institutional holdings at 24.41% suggest that these investors are closely monitoring the company's fundamentals, which have been weak. Overall, the combination of poor financial results, declining investor interest, and substantial underperformance relative to the benchmark indicates a challenging environment for Electronics Mart India Ltd.