Why is JMD Ventures falling/rising?

As of 11-Sep, JMD Ventures Ltd is experiencing a decline in its stock price, currently at Rs 5.77, which reflects a decrease of Rs 0.06 or 1.03%. The stock has been underperforming recently, with a consecutive fall over the last three days, resulting in a total drop of 3.67% during this period. Additionally, JMD Ventures is trading below all its moving averages, indicating a bearish trend. The stock is also close to its 52-week low, just 2.95% away from Rs 5.6. Furthermore, there has been a notable decrease in investor participation, with delivery volume falling by 5.81% compared to the five-day average, suggesting a lack of confidence among investors.
In the broader market context, JMD Ventures' short-term performance has lagged behind the benchmark index, the Sensex, which has gained 1.03% over the past week while JMD Ventures has declined by 0.86%. This trend continues over the past month, with JMD Ventures down 3.51% compared to the Sensex's gain of 1.17%. Year-to-date, the stock has significantly underperformed, with a staggering decline of 55.51% against the Sensex's modest increase of 4.36%. This stark contrast highlights the challenges JMD Ventures is facing in attracting investor interest and maintaining its stock price amidst a generally positive market environment.