Why is JMD Ventures falling/rising?

As of 07-Aug, JMD Ventures Ltd's stock price is currently at 6.07, reflecting an increase of 0.08 or 1.34%. The stock has recently experienced a trend reversal, gaining after nine consecutive days of decline. However, it is still trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In the past week, the stock has underperformed its sector by 2.79%, and its delivery volume has decreased by 17.18% compared to the 5-day average, indicating a decline in investor participation. Over the longer term, the stock has seen significant declines, with a year-to-date drop of 53.20% and a one-year decline of 56.67%, contrasting with the Sensex's positive performance of 3.18% and 1.45% over the same periods.
In the broader market context, JMD Ventures' short-term performance has been notably worse than the benchmark, as it has declined by 3.19% over the past week while the Sensex has only fallen by 0.69%. Despite the recent uptick in price, the stock's overall performance remains weak compared to the market, particularly given the substantial year-to-date and one-year losses. The film production, distribution, and entertainment sector has shown a gain of 4.13%, which suggests that the broader industry is performing better than JMD Ventures, further highlighting the company's struggles in attracting investor interest and maintaining liquidity.