Why is Magnum Ventures falling/rising?

As of 10-Jul, Magnum Ventures Ltd is experiencing a slight decline in its stock price, currently at 24.75, reflecting a decrease of 0.05 or 0.2%. The stock has been underperforming recently, with a consecutive fall over the last three days resulting in a total return of -3.66%. Additionally, it is trading below all its moving averages, indicating a bearish trend. Despite a notable increase in delivery volume by 47.29% against the 5-day average, the stock has significantly underperformed the market over the past year, with a staggering return of -52.79% compared to the Sensex's gain of 4.09%. The company's financial performance shows mixed results, with a substantial growth in profit before tax and profit after tax in the latest quarter, yet it has faced a decline in profits over the past year.
Broader market context indicates that while the stock has outperformed its sector today, its long-term fundamentals remain weak, as evidenced by a low average return on capital employed and poor growth in net sales. The stock's negative performance over the past year contrasts sharply with the broader market's positive returns, highlighting its struggles. The company's ability to service its debt is also concerning, which may contribute to investor apprehension. Overall, the combination of weak long-term growth prospects, significant underperformance relative to the market, and recent price declines suggests that investor sentiment towards Magnum Ventures is currently negative.