Why is JHS Svend.Retail falling/rising?

As of 23-Jun, JHS Svendgaard Retail Ventures Ltd is currently priced at 34.20, reflecting a decline of 1.05, or 2.98%. The stock has underperformed significantly today, with a performance that is 100.97% lower than its sector. Over the past week, the stock has decreased by 5.13%, and it has seen a substantial decline of 12.46% over the past month. Additionally, the stock is trading below all its moving averages, indicating a bearish trend. While there have been some positive developments, such as a 32.29% growth in net sales over the last six months and an increase in promoter stake by 4.47%, the company is still facing challenges. It has reported operating losses and a high Debt to EBITDA ratio, leading to concerns about its long-term fundamental strength and ability to service debt.
In the broader market context, the Sensex has shown a slight gain of 0.12% over the past week, contrasting with JHS Svendgaard's negative performance. This indicates that the stock is not only underperforming relative to its sector but also lagging behind the overall market. The company's weak financial metrics, including negative EBITDA and falling investor participation, further contribute to its declining stock price. Despite some positive indicators, the overall sentiment remains cautious due to the company's operational challenges and the risks associated with its current financial health.