Why is Cinevista falling/rising?

As of 23-Jun, Cinevista Ltd's stock price is currently at 20.70, reflecting a decrease of 0.45, or 2.13%. Despite a strong performance in the past year, where the stock generated a return of 10.16%, it is currently underperforming its sector by 5.52%. The stock is trading above its moving averages for 5, 20, 50, 100, and 200 days, indicating some underlying strength. However, the company faces significant challenges, including operating losses and a weak long-term fundamental strength, with net sales declining at an annual rate of -12.84% over the last five years. The recent negative results, including a substantial drop in profit after tax, have contributed to a perception of risk surrounding the stock.
In the broader market context, Cinevista's short-term performance over the past week shows a remarkable increase of 17.48%, significantly outpacing the Sensex's modest gain of 0.12%. However, the stock's current decline may be influenced by falling investor participation, as evidenced by a 43.6% drop in delivery volume compared to the five-day average. While the TV Broadcasting & Software sector has gained by 3.34%, Cinevista's struggles with profitability and debt servicing have overshadowed its recent gains, leading to a cautious outlook among investors.