Why is Silly Monks falling/rising?

As of 04-Jul, Silly Monks Entertainment Ltd's stock price is currently at 16.33, reflecting a decrease of 0.17, or 1.03%. The stock has underperformed its sector today by 2.95%, and while it is higher than its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 41.7% compared to the 5-day average. Over the past week, the stock has shown a positive return of 2.83%, but it has a year-to-date decline of 31.50%, indicating a consistent underperformance against the benchmark. The company's weak long-term fundamentals, including a negative CAGR growth in net sales and a poor EBIT to Interest ratio, further contribute to the stock's downward movement.
In the broader market context, the Sensex has experienced a decline of 0.69% over the past week, while Silly Monks has managed to gain 2.83% in the same period, suggesting some resilience in the short term. However, the stock's long-term performance remains concerning, with a 3-year return of -11.01% compared to the Sensex's impressive 60.79%. The company's low profitability, as indicated by a Return on Equity of only 0.85%, and its expensive valuation relative to peers, highlight ongoing challenges. Overall, despite some short-term gains, the stock's long-term outlook appears weak, leading to its current decline.