Why is Spencer's Retail falling/rising?

As of 14-Jul, Spencer's Retail Ltd is experiencing a decline in its stock price, currently at 60.89, reflecting a decrease of 0.21 or 0.34%. The stock has shown a trend reversal, falling after two consecutive days of gains. It is trading below all its moving averages, indicating a bearish trend. Despite outperforming its sector by 0.8% today, the stock has underperformed significantly over the past year, with a return of -26.19%. The company faces challenges such as a negative book value, a high debt-to-equity ratio, and poor long-term growth, with operating profit declining at an annual rate of -178.55% over the last five years. Additionally, domestic mutual funds hold a minimal stake of only 0.01%, suggesting a lack of confidence in the stock's valuation.
In the broader market context, Spencer's Retail's short-term performance has been relatively better than the benchmark, as it has outperformed the Sensex by 0.2% over the past week, while the Sensex itself has declined by 1.42%. However, the stock's year-to-date performance is concerning, with a drop of 24.87% compared to a 5.27% increase in the benchmark. This consistent underperformance against the benchmark over the last three years, coupled with negative EBITDA and a significant decline in net sales, indicates that investor sentiment remains weak, contributing to the stock's downward trajectory.