Why is JMD Ventures falling/rising?

As of 12-Sep, JMD Ventures Ltd is experiencing a slight decline in its stock price, currently at Rs 5.76, reflecting a decrease of Rs 0.01 or 0.17%. The stock has been underperforming recently, with a consecutive fall over the last four days, resulting in a total decline of 3.84% during this period. Additionally, it is trading below its moving averages across various timeframes, indicating a bearish trend. The stock is also close to its 52-week low, just 2.78% away from Rs 5.6. Furthermore, there has been a decrease in investor participation, as evidenced by a drop in delivery volume by 3.95% compared to the 5-day average.
In the broader market context, JMD Ventures' performance has been notably poor compared to the benchmark Sensex, which has gained 1.48% over the past week while JMD Ventures has lost 2.87%. Year-to-date, the stock has plummeted by 55.59%, contrasting sharply with the Sensex's 4.82% increase. This significant underperformance suggests a lack of investor confidence and highlights the challenges the company faces in the current market environment. Overall, the combination of declining stock performance, reduced trading activity, and poor returns relative to the benchmark indicates a challenging situation for JMD Ventures Ltd.