Why is Shemaroo Entert. falling/rising?

As of 25-Jul, Shemaroo Entertainment Ltd's stock price is currently at 128.25, reflecting a decrease of 6.75, or 5.0%. The stock has been experiencing a downward trend, having underperformed its sector by 3.56% today and has fallen consecutively for the last two days, totaling a decline of 7.53%. It opened with a loss of 4.93% and reached an intraday low of Rs 128.25. Over the past week, the stock has decreased by 7.70%, while its performance over the last month shows a modest increase of 7.01%. However, the stock's year-to-date performance is concerning, with a decline of 18.47%. The company is facing significant operational challenges, including an operating loss and a high debt-to-EBITDA ratio of 11.22 times, which indicates a weak long-term fundamental strength. The recent PAT has also fallen dramatically, contributing to the stock's negative sentiment. In the broader market context, the Sensex has only declined by 0.36% over the past week, highlighting that Shemaroo's performance is significantly worse than the benchmark. The stock's one-year return of -20.59% starkly contrasts with the Sensex's positive return of 1.78%, indicating that it has underperformed the market considerably. Despite a rise in investor participation, as evidenced by a 50.34% increase in delivery volume, the overall financial health of the company remains precarious, with low profitability and negative EBITDA, making it a risky investment compared to its historical valuations.