Why is Shoppers Stop falling/rising?

As of 17-Sep, Shoppers Stop Ltd is experiencing a decline in its stock price, currently at 552.00, which reflects a decrease of 4.1 or 0.74%. The stock has underperformed its sector by 1.21% today and has fallen after three consecutive days of gains. Despite trading above its moving averages, the stock has shown a significant decline of 36.86% over the past year, while profits have decreased by 60.3%. The company's high debt level, indicated by a debt-equity ratio of 10.27 times, raises concerns about its long-term fundamental strength, contributing to the stock's recent downward movement.
In the broader market context, Shoppers Stop's short-term return of 0.45% over the past week is notably lower than the Sensex's gain of 1.56%. This consistent underperformance against the benchmark over the last three years, coupled with a weak ability to service its debt, suggests a challenging environment for the stock. While institutional holdings are high at 28.57%, indicating some confidence from larger investors, the overall negative sentiment surrounding the company's financial health and recent poor results has led to a decline in its stock price.