Why is Magnum Ventures falling/rising?

As of 21-Jul, Magnum Ventures Ltd is currently priced at 24.84, reflecting a decrease of 0.25, or 1.0%. The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total decline of 2.47% during this period. Additionally, the stock has shown a negative return of 4.17% over the past month and a significant decline of 48.84% over the past year. Despite some positive financial results reported in March, including substantial growth in profit before tax and profit after tax, the stock's long-term fundamentals remain weak, with a low return on capital employed and poor sales growth, contributing to its recent price decline.
In the broader market context, Magnum Ventures has underperformed compared to the Sensex, which has seen a slight decline of 0.06% over the past week while the stock itself has gained 4.99% in the same timeframe. However, the stock's year-to-date performance is starkly negative at -36.94%, contrasting with the Sensex's positive return of 5.20%. This underperformance is compounded by a significant drop in investor participation, with delivery volumes plummeting by 92.68% against the five-day average, indicating a lack of confidence among investors and further pressuring the stock price.