Why is Shemaroo Entert. falling/rising?

As of 12-Aug, Shemaroo Entertainment Ltd's stock price is currently at Rs 119.80, reflecting an increase of Rs 1.3 or 1.1%. The stock has shown a positive trend recently, gaining 5.04% over the last two days and outperforming its sector by 1.78% today. However, despite this short-term gain, the stock has experienced a significant decline of 22.26% over the past year, with operating losses and a negative EBITDA indicating weak long-term fundamental strength. The company's high Debt to EBITDA ratio of 11.22 times and a low Return on Equity of 0.50% further highlight its financial struggles, contributing to the stock's overall negative performance. In the broader market context, Shemaroo Entertainment's recent performance contrasts with the benchmark, as the stock has outperformed the Sensex by 0.46% over the past week, while the Sensex itself has declined by 0.59%. However, the stock's year-to-date performance is concerning, with a drop of 23.84% compared to the Sensex's gain of 2.68%. This underperformance, coupled with the company's financial difficulties, suggests that while there may be short-term gains, the long-term outlook remains challenging, impacting investor sentiment and overall stock stability.