Why is Radaan Media. falling/rising?

As of 23-Sep, Radaan Mediaworks (I) Ltd is currently priced at 3.57, reflecting a slight increase of 0.01 or 0.28%. Today's price summary indicates that the stock has gained after two consecutive days of decline, although it underperformed its sector by 2.88%. The stock has shown mixed performance in the past week, down 1.65%, and has significantly underperformed year-to-date with a decline of 51.43%. Despite generating a positive return of 11.21% over the last year, the company faces challenges such as a negative book value, weak long-term growth, and high debt levels, which contribute to its perception as a risky investment.
Broader market context shows that while Radaan Mediaworks has experienced a short-term uptick, it has lagged behind the benchmark Sensex, which has gained 0.98% over the past month. The film production and entertainment sector, in which the company operates, has seen a gain of 3.19%, suggesting that broader sector trends may not be fully reflected in Radaan's performance. Additionally, the stock's liquidity is adequate, but a significant drop in delivery volume indicates falling investor participation, which could further pressure the stock in a challenging market environment.