Why is Spencer's Retail falling/rising?

As of 06-Nov, Spencer's Retail Ltd is experiencing a decline in its stock price, currently at Rs. 48.50, which represents a decrease of Rs. 1.65 or 3.29%. The stock has hit a new 52-week low today and has been on a downward trend, having fallen consecutively for the last five days, resulting in an overall decline of 8.3% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In terms of performance against benchmarks, the stock has underperformed significantly, with a year-to-date decline of 40.16% compared to a 6.62% increase in the Sensex. In the broader market context, the retail sector has also faced challenges, evidenced by a decline of 2.37%. While the Sensex has only decreased by 1.30% over the past week, Spencer's Retail's performance has been notably worse, with a 5.90% drop in the same timeframe. Despite the negative performance, there has been a notable increase in investor participation, with delivery volume rising by 408.81% against the 5-day average, indicating some interest in trading the stock. However, the overall negative sentiment surrounding the stock and the sector has contributed to its recent price decline.