Why is PVR Inox falling/rising?

As of 30-Oct, PVR Inox Ltd is currently priced at 1,238.75, reflecting an increase of 5.6 points or 0.45%. The stock has been on an upward trend, gaining for the last six days and achieving a total return of 7.36% during this period. Despite this positive movement, the stock has underperformed its sector by 29.26% today. Over the past week, PVR Inox has outperformed the benchmark Sensex, with a return of 7.20% compared to the Sensex's slight decline of 0.18%. The company has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 31.14% and a significant operating profit growth of 50.71%. However, the company also faces challenges, including a high Debt to EBITDA ratio of 15.02 times and a negative return on equity, which may impact investor sentiment.
Broader Market Context: In the context of the broader market, PVR Inox's recent performance contrasts with the Sensex, which has gained 5.15% over the past month. While PVR Inox has shown a strong short-term performance, it has struggled over the longer term, with a year-to-date return of -5.00% and a one-year return of -20.74%, significantly underperforming the benchmark's 8.02% gain. The film production and entertainment sector has seen a robust increase of 29.65%, indicating a favorable environment for the industry, which may be contributing to the stock's recent gains despite its historical underperformance against benchmarks.