Why is Spencer's Retail falling/rising?

As of 25-Jul, Spencer's Retail Ltd is currently priced at 60.00, reflecting a decrease of -0.75, or -1.23%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of -2.55% during this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock has shown poor performance over various time frames, with a year-to-date decline of -25.97% and a one-year drop of -27.09%. The company's negative book value and high debt levels, coupled with a significant decrease in net sales and profit after tax, further contribute to its weak long-term fundamentals, making it a strong sell.
In the broader market context, Spencer's Retail has underperformed the Sensex, which has seen a modest gain of +4.25% year-to-date, while Spencer's has experienced a substantial decline. The stock's recent performance is also reflected in its negative returns compared to the benchmark, with a -2.94% decline over the past week versus the Sensex's -0.36%. Furthermore, the decrease in institutional investor participation, which has fallen by -1.19% in the last quarter, suggests a lack of confidence in the company's prospects, reinforcing the stock's downward trajectory amidst a challenging market environment.