Why is Spencer's Retail falling/rising?

As of 15-Jul, Spencers Retail Ltd's stock price is currently at 61.50, reflecting an increase of 0.61 or 1.0%. The stock has outperformed its sector today by 0.51%, although it remains below its 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a modest gain of 0.65%, but it has underperformed significantly over the longer term, with a year-to-date decline of 24.12% and a one-year drop of 26.57%. The company's negative book value and weak long-term fundamentals, highlighted by a staggering annual operating profit decline of 178.55% over the last five years, contribute to its precarious position. Additionally, the high debt-to-equity ratio and negative EBITDA further exacerbate investor concerns, leading to a lack of confidence reflected in the minimal stake held by domestic mutual funds.
In the broader market context, the Sensex has experienced a decline of 1.36% over the past week, contrasting with Spencers Retail's slight gain, indicating that the stock is performing relatively better than the market in the short term. However, the long-term performance remains troubling, with the stock underperforming the BSE500 over the last three years, one year, and three months. The falling investor participation, evidenced by a 29.22% drop in delivery volume compared to the five-day average, suggests a lack of interest or confidence in the stock, which could further hinder its recovery despite today's positive movement.