Why is JMD Ventures falling/rising?

As of 22-Aug, JMD Ventures Ltd is currently priced at 6.00, reflecting an increase of 0.09 or 1.52%. The stock has shown a trend reversal by gaining after two consecutive days of decline. It has outperformed its sector by 5.75% today, although it is still lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has increased by 2.21%, while its performance over the past month shows a decline of 10.04%. Notably, investor participation has decreased, with delivery volume dropping by 51.31% compared to the 5-day average, indicating a potential concern for liquidity and interest in the stock.
Broader Market Context: In comparison to the benchmark, the Sensex has increased by 0.88% over the past week, while JMD Ventures has outperformed this metric. However, the stock's year-to-date performance is significantly negative at -53.74%, contrasting sharply with the Sensex's positive return of 4.05%. The broader sector of Film Production, Distribution & Entertainment has also faced challenges, declining by 4%. This context suggests that while JMD Ventures is experiencing a short-term rise, it is still grappling with longer-term declines and reduced investor engagement, which could impact its future performance.