Why is Electronics Mart falling/rising?

As of 12-Aug, Electronics Mart India Ltd is experiencing a price increase, currently at Rs 121.80, reflecting a rise of Rs 2.35 or 1.97%. Despite this uptick, the stock has shown a significant decline over the past year, with a return of -47.10%. Today's trading saw the stock open down by 5.65%, but it managed to touch an intraday high of Rs 123, indicating some recovery within the day. However, the stock's performance remains concerning, as it has underperformed the benchmark Sensex over various periods, including a -14.20% return over the past month compared to the Sensex's -2.75%. Additionally, the stock is trading below its longer-term moving averages, and there has been a notable drop in investor participation, with delivery volume decreasing by 65.05% against the 5-day average.
In the broader market context, while Electronics Mart has outperformed its sector by 3.14% today, its long-term outlook is troubling due to a high Debt to EBITDA ratio of 3.76, indicating a low ability to service debt. The company has reported negative results for the last four consecutive quarters, with profits falling by 44.9% over the past year. Furthermore, the stock's fair valuation and discount compared to peers are overshadowed by its poor growth prospects, as operating profit has only grown at an annual rate of 1.14% over the last five years. Overall, the stock's recent price movement reflects a complex interplay of short-term recovery against a backdrop of long-term challenges and underperformance relative to the broader market.