Why is JMD Ventures falling/rising?

As of 09-Sep, JMD Ventures Ltd is experiencing a decline in its stock price, currently at 5.90, which reflects a decrease of 0.09 or 1.5%. The stock has underperformed its sector by 7.46% today and has fallen after two consecutive days of gains. It is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has dropped by 2.96%, and year-to-date, it has seen a significant decline of 54.51%. Additionally, there has been a decrease in investor participation, with delivery volume falling by 12.65% compared to the 5-day average, suggesting reduced interest in trading the stock.
In contrast, the broader market, represented by the Sensex, has shown positive movement, gaining 1.18% over the past week and 3.79% year-to-date. This stark difference highlights the stock's struggle against a backdrop of overall market growth. The film production, distribution, and entertainment sector, in which JMD Ventures operates, has gained 6.18%, further emphasizing the company's underperformance relative to its peers. The lack of available positive factors in the dashboard suggests that there are no significant catalysts to support a rebound in the stock's price at this time.