Why is PVR Inox falling/rising?

As of 13-Jun, PVR Inox Ltd is experiencing a decline in its stock price, currently at 955.60, reflecting a decrease of 31.4 points or 3.18%. The stock has been underperforming, having fallen consecutively for the last seven days, resulting in a total decline of 9.92% during this period. It has also underperformed its sector by 2.38% today. The stock is trading below its moving averages across various time frames, indicating a bearish trend. Additionally, the company has reported a significant drop in profits, with a year-over-year return of -31.32% and a concerning -773.8% fall in profits, which negatively impacts investor sentiment.
In the broader market context, PVR Inox's short-term performance has been notably worse than the benchmark, with a 1-week return of -6.24% compared to the Sensex's -1.30%. This consistent underperformance over the last three years, coupled with weak long-term fundamentals such as a high Debt to EBITDA ratio and negative returns on equity, suggests a lack of confidence among investors. Despite high institutional holdings at 56.69%, which typically indicate a level of trust in the company's fundamentals, the overall financial health of PVR Inox appears weak, leading to its current stock price decline.