Why is Electronics Mart falling/rising?

As of 24-Sep, Electronics Mart India Ltd is currently priced at Rs 155.30, reflecting a decline of Rs 5.85 or 3.63%. The stock has been underperforming, having lost 4.96% over the last two days and touching an intraday low of Rs 154.5. Despite a positive performance over the past week and month, with returns of +5.00% and +18.50% respectively, the stock has significantly underperformed in the long term, with a year-to-date decline of -5.28% and a one-year drop of -26.05%. The company's financial health is concerning, as it has reported negative results for the last four consecutive quarters, and its profits have decreased by 44.9%. Additionally, the high Debt to EBITDA ratio of 3.76 times indicates a low ability to service debt, further impacting investor sentiment.
Broader market context shows that while the Sensex has experienced a slight gain of 0.50% over the past month, Electronics Mart's performance has been notably weaker, indicating a divergence from the broader market trends. The stock's recent decline is compounded by falling investor participation, with delivery volumes dropping by 48.4% against the five-day average. Although the stock is trading at a discount compared to its peers and has high institutional holdings at 24.41%, these factors have not been sufficient to counterbalance the negative sentiment stemming from its poor financial results and high debt levels.