Why is Spel Semiconduct falling/rising?

As of 01-Aug, Spel Semiconductor Ltd's stock price is currently at Rs 117.25, reflecting a decrease of Rs 1.75 or 1.47%. The stock has underperformed its sector by 0.89% today and has experienced a trend reversal after two consecutive days of gains. It reached an intraday low of Rs 116.3, which is a decline of 2.27%. Over the past week, the stock has declined by 0.85%, and it has significantly underperformed the market with a year-to-date drop of 33.91%. The company is facing operational challenges, including a high Debt to EBITDA ratio of 4.25 times and a negative EBITDA, which indicates a weak long-term fundamental strength. Additionally, the recent financial results show a substantial decline in profitability, with a PAT of Rs -2.68 crore, marking a 35% fall compared to the previous four-quarter average.
In the broader market context, while the Sensex has shown a slight decline of 1.06% over the past week, Spel Semiconductor's performance has been notably worse, with a 1-month return of -8.47% compared to the benchmark's -3.70%. The stock's long-term performance is concerning, as it has fallen by 45.87% over the past year, significantly underperforming the market, which only declined by 4.13%. The limited interest from domestic mutual funds, holding only 0.05% of the company, further suggests a lack of confidence in the stock's future prospects, contributing to its downward price movement.