Why is V R Films & Stud falling/rising?

As of 09-Jun, V R Films & Studios Ltd is experiencing a decline in its stock price, currently at 16.15, reflecting a decrease of 0.85 or 5.0%. The stock has underperformed its sector by 7.53% today and has been on a downward trend, falling for the last two days with a total return of -7.45%. Over the past week, the stock has seen a significant drop of 12.37%, and its year-to-date performance shows a staggering decline of 45.68%. The company is facing operational challenges, including an operating loss and a weak ability to service its debt, which is further compounded by negative financial results reported for March 25. The stock is technically in a bearish range, with multiple indicators suggesting continued weakness.
In the broader market context, while V R Films & Studios Ltd has been declining, the benchmark Sensex has shown resilience, gaining 1.32% over the past week and 5.51% year-to-date. This stark contrast highlights the stock's consistent underperformance, as it has lagged behind the benchmark in returns over the last three years. The film production, distribution, and entertainment sector has gained by 2.35%, indicating that the broader market is not reflecting the same struggles faced by V R Films & Studios Ltd. The company's negative EBITDA and deteriorating technical trends suggest that investor sentiment remains weak, contributing to the stock's ongoing decline.