Why is Electronics Mart falling/rising?

As of 15-Oct, Electronics Mart India Ltd is experiencing a price increase, currently at Rs 146.35, reflecting a rise of 3.25 or 2.27%. The stock has shown positive momentum, gaining 2.74% over the last two days and outperforming its sector by 1.48% today. However, despite this recent uptick, the stock has underperformed over the past month with a decline of 1.94% and a significant drop of 33.75% over the past year. The company has a high institutional holding of 24.76%, which may provide some support, but it also faces challenges such as a high Debt to EBITDA ratio of 3.76 times and a decline in profits by 44.9% over the past year.
In the broader market context, the Sensex has increased by 1.02% over the past week, indicating a stronger performance compared to Electronics Mart's modest gain of 0.31% in the same period. While the stock has shown some short-term resilience, its long-term growth prospects appear weak, as evidenced by a poor operating profit growth rate of just 1.14% over the last five years and negative results for the last four consecutive quarters. This combination of factors suggests that while there may be short-term gains, the overall outlook for Electronics Mart remains concerning when compared to the broader market trends.