Why is Shoppers Stop falling/rising?

As of 23-Sep, Shoppers Stop Ltd's stock price is currently at 548.40, reflecting a decrease of 8.25 points or 1.48%. The stock has been underperforming, having lost 1.68% over the last two days and showing a weekly decline of 1.38%. Despite a narrow trading range of Rs 5.35, the stock is trading above its 20, 50, 100, and 200-day moving averages, but below its 5-day moving average. The company has a high institutional holding of 28.57%, which may indicate confidence from larger investors, yet the stock has generated a significant return of -35.35% over the past year, with profits down by 60.3%. Additionally, the company's high debt-to-equity ratio of 10.27 times raises concerns about its long-term fundamental strength.
In the broader market context, Shoppers Stop's recent performance has been weaker than the benchmark, with a 1-week return of -1.38% compared to the Sensex's -0.34%. The stock's year-to-date performance shows a decline of 9.18%, while the Sensex has risen by 5.07%. This consistent underperformance against the benchmark over the last three years, coupled with negative financial results and weak growth indicators, suggests that the stock is facing significant challenges in the current market environment.