Why is Magnum Ventures falling/rising?

As of 02-Sep, Magnum Ventures Ltd is currently priced at 24.92, reflecting an increase of 0.32 or 1.3%. Today's price summary indicates that the stock has outperformed its sector by 0.66%. However, despite this positive movement, the stock has shown a decline of 0.28% over the past week and a significant drop of 50.75% over the last year. The stock's performance is characterized by a higher valuation with a Return on Capital Employed (ROCE) of 2.7, and it is trading at a discount compared to its peers. While profits have risen by 114.9% over the past year, the stock's negative returns suggest underlying weaknesses, including a recent PAT drop of 814.3% compared to the previous quarter.
In the broader market context, Magnum Ventures has underperformed relative to the benchmark, with the Sensex showing a decline of only 0.78% over the past week and a modest gain of 2.58% year-to-date. The stock's long-term performance is concerning, as it has fallen significantly more than the market average, which has generated negative returns of -4.82% in the last year. Additionally, the falling investor participation, with a 47.4% decrease in delivery volume, further indicates a lack of confidence among investors, contributing to the stock's recent price movements.