Why is Cineline India falling/rising?

As of 17-Sep, Cineline India Ltd's stock price is currently at 83.43, reflecting a decrease of 0.86, or 1.02%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 2.16%. It is trading below all key moving averages, indicating a bearish trend. Additionally, the stock has shown significant underperformance over various time frames, with a year-to-date return of -33.68% compared to a positive 5.83% for the benchmark. While the company has a high Return on Capital Employed (ROCE) of 7.2 and is trading at a discount to its peers, it also faces challenges such as a high Debt to EBITDA ratio and weak long-term growth prospects, which contribute to its current price decline.
In the broader market context, Cineline India has consistently underperformed against the benchmark, with a 1-week return of -2.42% compared to the Sensex's gain of 1.56%. This trend of underperformance has persisted over the last three years, further highlighting the stock's struggles. The lack of investor participation, evidenced by a significant drop in delivery volume, suggests waning interest, which may exacerbate the stock's downward trajectory. Overall, the combination of weak fundamentals, poor recent performance, and unfavorable market conditions has led to the stock's decline.