Why is JMD Ventures falling/rising?

As of 17-Sep, JMD Ventures Ltd is experiencing a price increase, currently at Rs 5.84, reflecting a change of 0.09 or 1.57% upward. The stock has shown a mixed performance in recent periods, with a 1-week return of +0.17% but a decline of -0.51% over the past month. Notably, the stock is currently 4.11% away from its 52-week low of Rs 5.6. Today's trading performance indicates that it has outperformed its sector by 2.76%, and there has been a significant increase in investor participation, with delivery volume rising by 29.02% compared to the 5-day average. However, the stock remains below its longer-term moving averages, which may indicate ongoing challenges despite today's positive movement.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 1.56% over the past week, JMD Ventures' short-term performance is slightly lagging. The stock's year-to-date performance shows a substantial decline of -54.97%, contrasting sharply with the Sensex's gain of +5.83%. This disparity highlights the stock's struggles relative to the broader market, despite today's positive price movement. Overall, while there are signs of increased investor interest and a minor uptick in price, the long-term performance remains concerning, suggesting that investors may still be cautious about the stock's future prospects.