Why is Spel Semiconduct falling/rising?

As of 09-Sep, Spel Semiconductor Ltd's stock price is currently at Rs. 237.80, reflecting a decrease of Rs. 12.5 or 4.99%. The stock recently hit a new 52-week high of Rs. 262.8 but has since fallen after seven consecutive days of gains. Despite a strong performance over the past year with a return of 25.79%, the company is facing challenges, including operating losses and a high Debt to EBITDA ratio of 4.25 times, which indicates weak long-term fundamental strength. Additionally, the stock's recent performance has been impacted by a significant drop in delivery volume, which fell by 33.65% against the five-day average, suggesting declining investor participation.
In the broader market context, while Spel Semiconductor has outperformed the Sensex with a 51.71% return over the past week compared to the benchmark's 1.18%, the stock's recent decline indicates a potential trend reversal. The company's weak profitability, evidenced by a low Return on Equity of 3.66% and negative EBITDA, raises concerns among investors, particularly given the small stake held by domestic mutual funds at only 0.05%. This lack of confidence from institutional investors may contribute to the stock's current downward movement despite its historical performance.