Why is Mukta Arts falling/rising?

As of 15-Sep, Mukta Arts Ltd's stock price is currently at 69.53, reflecting an increase of 0.96, or 1.4%. The stock has been gaining for the last two days, rising a total of 3.7% during this period. However, it has underperformed its sector by 1.26%. In terms of returns, the stock has shown a 1.89% increase over the past week, but it has declined significantly by 11.99% over the past month and 22.70% year-to-date. The stock is currently trading above its 5-day moving average but below its longer-term moving averages, indicating mixed performance. There is a notable decline in investor participation, with delivery volume dropping by 70.95% against the 5-day average, which may be contributing to the stock's volatility.
Broader Market Context: The Sensex has increased by 1.24% over the past week, suggesting that while Mukta Arts has outperformed the benchmark in the short term, its longer-term performance remains weak compared to the index, which has gained 4.67% year-to-date. The film production, distribution, and entertainment sector has seen an overall gain of 2.67%, indicating a positive trend in the industry, yet Mukta Arts' significant declines over the past month and year suggest that it is struggling to keep pace with both its sector and the broader market. The combination of recent gains and ongoing challenges reflects a complex situation for investors in Mukta Arts.