Why is Filmcity Media falling/rising?

As of 13-Nov, Filmcity Media Ltd's stock price is currently at 2.10, reflecting an increase of 0.1 or 5.0%. The stock has been gaining for the last two days, with an overall return of 8.25% during this period. However, despite this recent uptick, the stock has underperformed significantly over the longer term, with a year-to-date decline of 60.15% and a one-year drop of 56.97%. The stock's performance today has outpaced its sector by 9.61%, but it remains lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a decline in investor participation, with delivery volume falling by 16.02% compared to the five-day average, indicating reduced trading interest.
Broader Market Context: In the context of the broader market, Filmcity Media's recent performance contrasts sharply with the Sensex, which has gained 8.11% year-to-date. Over the past week, the stock has declined by 1.41%, while the Sensex has increased by 1.40%. This divergence highlights the challenges faced by Filmcity Media within a generally positive market environment. The film production, distribution, and entertainment sector has also seen a decline of 4.77%, which may be contributing to the stock's struggles despite its recent gains. Overall, while there are short-term positive movements, the long-term outlook remains concerning against a backdrop of broader market gains.