Why is Shemaroo Entert. falling/rising?

As of 14-Jul, Shemaroo Entertainment Ltd's stock price is currently at 134.65, reflecting a decrease of 1.35, or 0.99%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 7.84% during this period. Despite opening with a gain of 5% today and reaching an intraday high of Rs 142.8, the stock's overall performance has been weak, with a 1-week return of -5.51% compared to the Sensex's -1.42%. The company has recently reported positive results after five consecutive negative quarters, showcasing improvements in key financial ratios, but it still faces significant challenges, including a high Debt to EBITDA ratio and negative EBITDA, which contribute to its weak long-term fundamental strength.
In the broader market context, Shemaroo's short-term performance has significantly lagged behind the benchmark, with a 1-week decline of 5.51% compared to the Sensex's smaller drop of 1.42%. The stock's year-to-date performance is also concerning, showing a decline of 14.40% while the Sensex has gained 5.27%. This underperformance, coupled with falling investor participation and liquidity issues, suggests a cautious sentiment among investors, further exacerbated by the company's low profitability and high debt levels. Overall, these factors indicate that the stock is facing considerable headwinds, contributing to its recent price decline.