Why is PVR Inox falling/rising?

As of 04-Nov, PVR Inox Ltd's stock price is currently at Rs 1,165.00, reflecting a decline of Rs 42.5 or 3.52%. Today's performance indicates that the stock has underperformed its sector by 0.47%, with an intraday low of Rs 1,158, marking a drop of 4.1%. Over the past week, the stock has decreased by 1.60%, while it has shown a modest increase of 3.23% over the past month. Despite a significant growth in net sales and operating profit, the stock has faced challenges, including a high Debt to EBITDA ratio of 15.02 times, which indicates a low ability to service debt. Additionally, the stock has consistently underperformed against the benchmark over the last three years, contributing to a year-to-date decline of 10.66% and a one-year drop of 22.20%.
In the broader market context, the Sensex has experienced a decline of 1.38% over the past week, suggesting that the market sentiment is generally negative. However, PVR Inox's performance has been worse than the benchmark, indicating specific company challenges. The film production and entertainment sector has also fallen by 3.05%, reflecting broader industry pressures. The decline in investor participation, with a significant drop in delivery volume, further underscores the stock's struggles. While high institutional holdings may provide some stability, the overall negative sentiment and underperformance against both the sector and the benchmark are contributing to the stock's current downward trajectory.