Why is JMD Ventures falling/rising?

As of 16-Sep, JMD Ventures Ltd's stock price is currently at Rs. 5.75, reflecting a decrease of Rs. 0.1 or 1.71%. The stock has recently hit a new 52-week low of Rs. 5.6, indicating significant downward pressure. It has underperformed its sector by 3.27% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 2.54%, and year-to-date, it has plummeted by 55.67%. Despite a notable increase in delivery volume, which rose by 122.6% against the 5-day average, the overall performance remains weak, and there are no positive factors available to counterbalance the negative sentiment.
Broader market context shows that while JMD Ventures is experiencing a decline, the benchmark Sensex has gained 1.58% over the past week and 5.43% year-to-date. This stark contrast highlights the underperformance of JMD Ventures relative to the broader market. The stock's significant losses over the past year, down nearly 70%, further emphasize its struggle against a backdrop of a generally stable market, as indicated by the Sensex's slight decline of 0.73% over the same period.