Why is Shoppers Stop falling/rising?

As of 15-Sep, Shoppers Stop Ltd's stock price is currently at 536.90, reflecting an increase of 1.35 (0.25%). The stock has been gaining for the last two days, rising by 1.3% during this period, although it has underperformed its sector by 0.49%. Over the past week, the stock has decreased by 2.03%, while it has shown a positive return of 5.39% over the last month. Despite these recent gains, the stock has faced significant challenges, including a year-to-date decline of 11.09% and a staggering 41.24% drop over the past year. The company's high debt levels, indicated by a debt-equity ratio of 10.27 times, and a weak ability to service this debt, as evidenced by a poor EBIT to interest ratio of 1.69, contribute to its negative outlook. Additionally, the stock's profits have fallen by 60.3% over the past year, further impacting investor sentiment.
In the broader market context, Shoppers Stop's recent performance contrasts with the benchmark Sensex, which has gained 1.24% over the past week and 1.47% over the last month. The stock's consistent underperformance against the benchmark over the last three years, coupled with a return of -41.24% in the past year, highlights its struggles in comparison to the overall market. While the stock is trading at a discount compared to its peers' average historical valuations and has high institutional holdings at 28.57%, these factors have not been sufficient to offset the negative sentiment stemming from its financial struggles and high debt levels.