Why is Cineline India falling/rising?

As of 15-Sep, Cineline India Ltd is currently priced at 85.27, reflecting an increase of 0.49 or 0.58%. Despite this slight uptick today, the stock has shown a significant decline over the past week and month, with returns of -5.20% and -6.76%, respectively. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 102.4% against the 5-day average. While the stock has generated a return of -32.16% over the past year, it has also seen a substantial profit increase of 338.6%, leading to an attractive PEG ratio of 0.1. Nevertheless, the company faces challenges such as weak long-term fundamental strength and a high Debt to EBITDA ratio, which may contribute to its overall underperformance.
In the broader market context, Cineline India has underperformed against the Sensex, which has gained 1.24% over the past week and 1.47% over the past month. The stock's year-to-date decline of -32.22% starkly contrasts with the Sensex's positive return of 4.67%, highlighting a consistent trend of underperformance against the benchmark over the last three years. This persistent weakness, combined with flat results in recent quarters and poor long-term growth prospects, suggests that while there may be short-term fluctuations, the overall outlook for Cineline India remains challenging compared to the broader market.