Why is Electronics Mart falling/rising?

As of 10-Nov, Electronics Mart India Ltd is experiencing a decline in its stock price, currently at Rs 135.90, which reflects a decrease of Rs 5.2 or 3.69%. Today's price summary indicates that the stock has underperformed its sector by 3.9%, with an intraday high of Rs 146.7 and a low of Rs 128.3, showcasing significant volatility with a wide trading range of Rs 18.4. Over the past week, the stock has dropped by 8.94%, and its year-to-date performance shows a substantial decline of 17.11%. The company's financial health is concerning, as it has reported negative results for the last four consecutive quarters, with a significant drop in profits by 44.9% and a high Debt to EBITDA ratio of 3.76 times, indicating a low ability to service debt.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has gained 1.25% over the past month. While the Sensex has shown resilience, Electronics Mart has struggled, with a year-over-year return of -27.33% compared to the market's positive return of 5.09%. This underperformance is compounded by falling investor participation, as evidenced by a 36.66% drop in delivery volume against the five-day average. The high institutional holdings at 24.76% suggest that while there is some confidence from larger investors, the overall sentiment remains negative due to the company's poor long-term growth prospects and declining sales.