Why is Spencer's Retail falling/rising?

As of 30-Jul, Spencer's Retail Ltd is experiencing a decline in its stock price, currently at 60.05, reflecting a decrease of -0.14 or -0.23%. The stock has underperformed its sector by 6.83% today and has been on a downward trend for the last two days, with a total decline of -0.74% in that period. Over the past week, the stock has fallen by 2.47%, and its year-to-date performance shows a significant drop of -25.91%, contrasting sharply with the Sensex, which has gained 4.28%. The company is trading below all its moving averages, indicating a bearish trend. Additionally, the stock's negative book value, high debt-to-equity ratio, and poor long-term growth prospects contribute to its weak performance, as evidenced by a negative PAT and declining net sales. In the broader market context, while the retail sector has gained 6.36%, Spencer's Retail has consistently underperformed against the benchmark, with a three-year return of -16.25% compared to the Sensex's 41.53%. The decline in institutional investor participation, with a decrease of 1.19% in their stake, further exacerbates the stock's challenges, as these investors typically have more resources to assess company fundamentals. Overall, the combination of negative financial results, falling investor interest, and consistent underperformance against market benchmarks has led to the stock's current downward trajectory.