Why is V R Films & Stud falling/rising?

As of 07-Jul, V R Films & Studios Ltd is currently priced at Rs. 14.93, reflecting an increase of Rs. 0.16 or 1.08%. The stock has recently experienced a trend reversal, gaining after four consecutive days of decline. Despite this uptick, the stock remains below its moving averages across various time frames, indicating ongoing weakness. The stock has underperformed significantly over the past year, with a return of -41.45%, and has also hit a new 52-week low of Rs. 14.05 today. The company's financial health is concerning, with operating losses and a weak ability to service its debt, as evidenced by a poor EBIT to Interest ratio of 0.30. Additionally, negative results reported for March 25 show substantial declines in profit before tax and net sales, contributing to the stock's overall negative sentiment.
In the broader market context, V R Films & Studios Ltd has underperformed against the benchmark, with a one-week return of -5.86% compared to a slight decline of -0.20% for the Sensex. Over the past three years, the stock has consistently lagged behind the BSE500, further emphasizing its struggle in the market. While there has been a notable increase in investor participation, with delivery volume rising significantly, the overall outlook remains risky due to negative EBITDA and a history of poor performance. This combination of factors suggests that, despite a minor price increase, the stock's long-term fundamentals are weak, leading to a cautious sentiment among investors.