Why is Spencer's Retail falling/rising?

As of 11-Jun, Spencers Retail Ltd is currently priced at 65.10, reflecting an increase of 0.7 or 1.09%. The stock has shown a positive trend recently, gaining 5.17% over the last three days and outperforming its sector by 0.96% today. Despite this short-term gain, the stock has a troubling long-term outlook, with a negative book value and a high debt-to-equity ratio of 2.45 times. The company has experienced poor long-term growth, with operating profit declining at an annual rate of -178.55% over the past five years. Additionally, negative results reported for March 25, including a net sales drop and a negative EBITDA, further highlight the company's struggles, which may dampen investor confidence despite the recent uptick in price.
In the broader market context, Spencers Retail's short-term performance has been notably stronger than the benchmark, with a 7.62% increase over the past week compared to the Sensex's 1.87% gain. However, the stock's year-to-date performance remains concerning, with a decline of 19.68% against the Sensex's 5.60% increase. This disparity indicates that while the stock may be experiencing a temporary rise, its long-term fundamentals are weak, and it has underperformed significantly over the past year and beyond. The limited interest from domestic mutual funds, holding only 0.01% of the company, suggests a lack of confidence in the stock's future prospects, which could impact its ability to sustain recent gains.