Why is Electronics Mart falling/rising?

As of 14-Aug, Electronics Mart India Ltd is experiencing a price increase, currently at 123.00, reflecting a change of 2.05 or 1.69% upward. Despite this recent uptick, the stock has shown a significant decline over the past year, with a return of -46.82%. Today's performance indicates that the stock has outperformed its sector by 0.3%, although it is trading at lower moving averages compared to longer-term averages. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 54.78% against the 5-day average. The company's return on capital employed (ROCE) stands at 9.3, suggesting fair valuation, but it is trading at a discount compared to its peers. However, the stock's profitability has sharply declined, with profits down by 44.9% over the past year.
In the broader market context, the stock's short-term return of +2.59% over the past week contrasts with the Sensex, which has remained nearly flat at -0.03%. This indicates that while Electronics Mart is showing some resilience in the short term, its long-term performance remains concerning, with a year-to-date decline of -24.98% compared to the Sensex's gain of +3.15%. The company faces challenges such as a high Debt to EBITDA ratio of 3.76, indicating low ability to service debt, and poor long-term growth, with operating profit growth at a mere 1.14% over the last five years. Furthermore, the company has reported negative results for the last four consecutive quarters, contributing to its underperformance relative to the broader market.