Why is Magnum Ventures falling/rising?

As of 08-Sep, Magnum Ventures Ltd is currently priced at 24.78, reflecting a decrease of 0.25, or 1.0%. The stock's performance today is in line with its sector, although it is trading lower than its 5-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a modest increase of 0.73%, and over the past month, it has risen by 3.12%. However, it has significantly underperformed over the year, with a decline of 50.59%. The company has a very attractive valuation with a ROCE of 2.7 and a PEG ratio of 0.4, indicating that it is trading at a discount compared to its peers. Nonetheless, the stock's recent movement is negatively impacted by a substantial drop in investor participation, with delivery volume falling by 76.58% against the 5-day average, and a weak long-term fundamental strength reflected in a PAT decline of 814.3%.
Broader market context shows that while the Sensex has generated a return of 0.53% over the past week, Magnum Ventures has outperformed it slightly. However, the stock has significantly lagged behind the benchmark over the past year, with a return of -50.59% compared to the market's -0.49%. This stark contrast highlights the challenges faced by Magnum Ventures, particularly in terms of its profitability and operational efficiency, as indicated by its low operating profit to interest ratio. Overall, the combination of weak fundamentals, declining investor interest, and substantial underperformance relative to the broader market contributes to the stock's current downward movement.