Why is Silly Monks falling/rising?

As of 07-Aug, Silly Monks Entertainment Ltd is currently priced at 16.75, reflecting an increase of 0.23 or 1.39%. Despite this uptick, the stock has underperformed its sector by 2.74% today and has shown erratic trading patterns, not trading on 3 out of the last 20 days. The stock reached an intraday high of Rs 17.44, which is a 5.57% increase, but also touched a low of Rs 16.06, indicating volatility. Over the past week, the stock has decreased by 2.79%, while it has gained 2.45% over the past month. However, year-to-date, it has significantly underperformed with a decline of 29.74%. The delivery volume has also dropped sharply by 83.25% against the 5-day average, suggesting falling investor participation, which may negatively impact the stock's momentum.
In the broader market context, the Sensex has declined by 0.70% over the past week, indicating a relatively stable market environment compared to the stock's performance. While the stock has shown some recovery in the short term, its year-to-date performance is starkly negative compared to the Sensex's gain of 4.02%. This disparity highlights the challenges Silly Monks faces in attracting investor confidence, particularly given its substantial declines over the past year and three years, where it has fallen by 23.62% and 25.72%, respectively. The lack of positive factors in the dashboard further emphasizes the challenges the company is experiencing in the current market landscape.