Why is Purple Entertain falling/rising?

As of 10-Jul, Purple Entertainment Ltd's stock price is currently at 3.75, showing no change (0.00%). The stock has underperformed its sector by 0.46% today. In terms of performance, the stock has experienced a decline of 31.07% year-to-date and a significant drop of 81.25% over the past five years. Additionally, the stock's delivery volume has decreased by 33.61% compared to the five-day average, indicating falling investor participation. While the stock is trading above its 5-day and 50-day moving averages, it remains below the 20-day, 100-day, and 200-day moving averages, suggesting a lack of upward momentum.
In the broader market context, Purple Entertainment Ltd has shown a modest increase of 1.35% over the past week, while the benchmark Sensex has slightly declined by 0.06%. However, over the past month, the stock's performance has stagnated with a 0.00% change, contrasting with the Sensex's gain of 0.97%. The significant underperformance over longer periods, particularly the 3-year and 5-year returns, highlights the challenges the company faces compared to the overall market, which has seen positive growth.