Why is Electronics Mart falling/rising?

As of 01-Aug, Electronics Mart India Ltd is currently priced at 125.30, reflecting a decrease of 2.0, or 1.57%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 3.62% in that period. Over the past week, the stock has decreased by 5.11%, and it has shown a significant decline of 12.87% over the past month. The stock is trading below all its moving averages, indicating a bearish trend. Additionally, investor participation has decreased, with delivery volume dropping by 31.8% compared to the five-day average. Despite having a relatively attractive valuation with a ROCE of 9.3 and high institutional holdings at 24.41%, the company has reported negative results for the last three consecutive quarters, contributing to its poor performance.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 1.06% over the past week and 3.70% over the past month. The stark difference in performance highlights the stock's struggles, particularly as it has generated a return of -42.99% over the past year, compared to the Sensex's slight decline of 1.55%. This underperformance against the benchmark, coupled with declining profits and negative quarterly results, suggests that investor sentiment towards Electronics Mart remains weak, further exacerbating its price decline.