Why is JMD Ventures falling/rising?

As of 15-Sep, JMD Ventures Ltd is experiencing a price increase, currently at Rs 5.85, which reflects a rise of 0.09 or 1.56%. The stock has shown a trend reversal by gaining after four consecutive days of decline. However, it is still trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally weak performance. Over the past week, the stock has underperformed its sector by 1.1%, and it is currently 4.27% away from its 52-week low of Rs 5.60. In terms of returns, JMD Ventures has seen a significant decline year-to-date of 54.90% and a staggering 68.82% drop over the past year, contrasting sharply with the Sensex, which has gained 4.67% year-to-date.
In the broader market context, JMD Ventures' recent performance is notably weaker than the benchmark, as it has declined by 2.34% over the past week while the Sensex has increased by 1.24%. Despite this, there has been a notable rise in investor participation, with delivery volume increasing by 213.74% against the 5-day average, suggesting growing interest in the stock. The film production, distribution, and entertainment sector, in which JMD Ventures operates, has also gained by 2.56%, indicating some positive momentum in the industry that could potentially benefit the company moving forward. However, the lack of specific positive or negative factors in the dashboard limits a more comprehensive analysis of the stock's recent movements.