Why is JMD Ventures falling/rising?

As of 04-September, JMD Ventures Ltd is experiencing a decline in its stock price, currently at Rs 5.82, which represents a decrease of Rs 0.11 or 1.85%. The stock has underperformed its sector by 2.19% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 4.28% during this period. Additionally, JMD Ventures is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The stock is also close to its 52-week low, being only 3.78% away from Rs 5.6. Despite a slight increase in delivery volume, which rose by 1.51% against the 5-day average, there are no positive factors available to counterbalance the negative performance.
In the broader market context, JMD Ventures has significantly underperformed compared to the Sensex, with a year-to-date decline of 55.13% against the benchmark's increase of 3.30%. Over the past week, the stock has fallen by 3.16%, while the Sensex has gained 0.80%. This stark contrast highlights the challenges JMD Ventures is facing in the current market environment, contributing to its ongoing price decline.