Why is JMD Ventures falling/rising?

As of 02-Sep, JMD Ventures Ltd is currently priced at 6.08, reflecting a rise of 0.09 or 1.5%. The stock has shown a trend reversal, gaining after three consecutive days of decline. Despite this positive movement today, the stock has underperformed in the longer term, with a year-to-date decline of 53.12% compared to a 2.58% increase in the Sensex. Additionally, the stock's delivery volume has decreased significantly, falling by 34.78% against the five-day average, indicating a drop in investor participation. The stock's moving averages suggest mixed signals, as it is above the 5-day and 20-day averages but below the longer-term averages of 50, 100, and 200 days.
In the broader market context, JMD Ventures has outperformed its sector by 0.78% today, which is a positive sign amidst its overall poor performance this year. Over the past week, the stock has decreased by 0.33%, while the Sensex has fallen by 0.78%, indicating that the stock is faring slightly better than the benchmark in the short term. However, the significant year-to-date decline of 53.12% compared to the Sensex's modest gain suggests that the stock is still struggling to regain investor confidence despite today's uptick.