Why is Electronics Mart falling/rising?

As of 06-Oct, Electronics Mart India Ltd is experiencing a decline in its stock price, currently at Rs 139.00, reflecting a decrease of Rs 4.15 or 2.9%. The stock has underperformed its sector by 5.31% today and has been on a downward trend for the past two days, with a total drop of 2.97% in that period. Over the last week, the stock has decreased by 2.59%, and it has significantly underperformed the benchmark Sensex, which has gained 1.77% over the same timeframe. The company has also reported a substantial decline in profits, falling by 44.9%, and has generated a return of -33.81% over the past year, indicating poor performance in both the short and long term.
Broader Market Context: In contrast to the stock's performance, the Consumer Durables - Electronics sector has seen a gain of 2.41%, highlighting a broader market strength that Electronics Mart is not capitalizing on. The stock's high Debt to EBITDA ratio of 3.76 times raises concerns about its ability to service debt, contributing to its negative outlook. Additionally, the company has declared negative results for the last four consecutive quarters, further impacting investor confidence. Despite high institutional holdings at 24.41%, which typically indicate a more informed investor base, the overall sentiment remains bearish due to the company's poor financial health and lack of growth, resulting in the stock's continued decline.