Why is Shemaroo Entert. falling/rising?

As of 10-Jul, Shemaroo Entertainment Ltd's stock is currently priced at Rs 139.40, reflecting a decline of Rs 6.7 or 4.59%. Today's trading saw the stock open with a gain of 5.34%, reaching an intraday high of Rs 153.9 before dropping to its current low. The stock has demonstrated high volatility today, with an intraday volatility of 9.18%. Over the past week, the stock has underperformed the sector by 4.47%, and its one-month return is notably positive at 25.70%. However, the company has faced significant challenges, including a weak long-term fundamental strength characterized by a -204.37% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 11.22 times, which indicates low profitability and a risky trading environment.
In the broader market context, the Sensex has remained relatively stable, with a minimal change of -0.06% over the past week, contrasting with Shemaroo's more pronounced decline. While the stock has shown some positive movement in the short term, its year-to-date performance is down by 11.38%, indicating ongoing struggles compared to the benchmark's gain of 6.46%. The company's recent positive results after five consecutive negative quarters may have initially boosted investor sentiment, but the overall weak fundamentals and high debt levels continue to weigh heavily on its stock price, leading to the current downward trend.