Why is Thinkink Picture falling/rising?

As of 01-Sep, Thinkink Picturez Ltd is currently priced at 0.24, showing no change (0.00%). The stock has underperformed significantly over various periods, with a year-to-date decline of 56.19% and a staggering 86.43% drop over the past year. Today's performance indicates that the stock is trading lower than its moving averages across all time frames, and it is close to its 52-week low, being only 4.17% away from Rs 0.23. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 36.44% against the 5-day average. The company is facing operational challenges, including weak long-term fundamental strength, as evidenced by operating losses and a poor EBIT to Interest ratio of 1.99, which further diminishes investor confidence.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has only declined by 2.85% year-to-date. While the stock has outperformed its sector by 0.53% today, the overall trend remains negative, with a significant drop in returns compared to the benchmark over the past year and three years. The company's inability to generate consistent profits, highlighted by a negative EBITDA and a return on equity of just 5.86%, suggests a risky investment environment. This combination of poor financial health and declining investor interest contributes to the stock's downward trajectory, making it a strong sell in the current market conditions.