Why is Radaan Media. falling/rising?

As of 14-Nov, Radaan Mediaworks (I) Ltd is experiencing a decline in its stock price, currently at Rs 3.17, which reflects a decrease of Rs 0.06 or 1.86%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 3.65%. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 3.15% away from Rs 3.07. In terms of performance relative to the benchmark, Radaan Media has seen significant declines over various periods, including a year-to-date drop of 56.87%, while the Sensex has gained 8.22% during the same timeframe.
Broader market context shows that while the sector of Film Production, Distribution & Entertainment has gained by 2.87%, Radaan Media's performance has been notably poor, underperforming its sector by 4.41%. The stock's recent struggles are compounded by a decrease in investor participation, with delivery volume falling by 11.03% against the 5-day average. This lack of interest may further contribute to the stock's downward trajectory, especially as it continues to lag behind the benchmark returns, which have shown positive momentum in contrast to Radaan Media's significant losses.