Why is Cineline India falling/rising?

As of 05-Sep, Cineline India Ltd is experiencing a decline in its stock price, currently at Rs 86.60, which reflects a decrease of 2.06 or 2.32%. The stock has been underperforming, having fallen consecutively for the last two days, with a total decline of 2.71% during this period. It opened with a loss of 2.55% today and reached an intraday low of Rs 86.39. Over the past week, the stock has decreased by 2.29%, and it has significantly underperformed the benchmark Sensex, which has gained 1.13%. Despite a notable increase in delivery volume, indicating rising investor participation, the stock is trading below all its moving averages, suggesting a bearish trend. Additionally, while the company has shown a substantial profit increase of 338.6% over the past year, its overall return of -29.07% indicates persistent weakness, compounded by a high Debt to EBITDA ratio and poor long-term growth prospects.
In the broader market context, Cineline India’s recent performance contrasts sharply with the Sensex, which has remained flat over the past month and gained 3.29% year-to-date. The stock's consistent underperformance against the benchmark over the last three years, coupled with a weak long-term fundamental strength, has contributed to its declining price. The company's average Return on Capital Employed (ROCE) of 2.64% and low ability to service debt further exacerbate investor concerns, leading to a lack of confidence in its future growth potential. Overall, the combination of negative stock-specific factors and a challenging market environment has resulted in the stock's downward trajectory.