Why is JMD Ventures falling/rising?

As of 19-Nov, JMD Ventures Ltd's stock price is currently at Rs. 5.09, reflecting a decrease of Rs. 0.1 or 1.93%. The stock has hit a new 52-week low today and has been on a downward trend, having fallen consecutively for the last five days, resulting in a total decline of 9.11% over that period. Additionally, JMD Ventures is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent weakness in its price performance. Although there has been a notable increase in investor participation, with delivery volume rising by 191.87% against the 5-day average, the overall sentiment remains negative, as the stock has underperformed its sector by 1.56%.
In the broader market context, JMD Ventures' short-term performance contrasts sharply with the benchmark Sensex, which has gained 0.85% over the past week. The stock's year-to-date decline of 60.76% and a one-year decline of 63.41% further highlight its struggles compared to the Sensex's positive return of 9.02% and 9.81%, respectively. This significant underperformance suggests that investor confidence in JMD Ventures is waning, particularly as it continues to lag behind the market and its sector, contributing to the ongoing decline in its stock price.