Why is Filmcity Media falling/rising?

As of 11-Nov, Filmcity Media Ltd's stock price is currently at Rs 1.94, reflecting a decrease of Rs 0.1, or 4.9%. The stock has been underperforming significantly, with a decline of 4.43% over the past week and a staggering 15.65% over the past month. It is also trading close to its 52-week low, just 1.03% away from Rs 1.92. The stock has experienced consecutive falls for the last two days, resulting in a total drop of 9.35% during this period. Additionally, Filmcity Media is trading below all its moving averages, indicating a bearish trend. While there has been a notable increase in investor participation, with delivery volume rising by 165.32% against the 5-day average, the overall performance remains weak, particularly as the film production, distribution, and entertainment sector has also declined by 3.78%.
In the broader market context, Filmcity Media's performance contrasts sharply with the Sensex, which has gained 0.49% over the past week and 1.66% over the past month. Year-to-date, Filmcity Media has plummeted by 63.19%, while the Sensex has risen by 7.34%. This stark difference highlights the stock's struggles relative to the overall market, further compounded by its significant underperformance compared to the sector. The lack of available positive factors suggests that there are no immediate catalysts to reverse the current downward trend, reinforcing the stock's vulnerability in the current market environment.