Why is V R Films & Stud falling/rising?

As of 26-Aug, V R Films & Studios Ltd is experiencing a decline in its stock price, currently at 17.10, which represents a decrease of 0.55 or 3.12%. The stock has been underperforming recently, having fallen consecutively for the last four days, resulting in a total decline of 7.57% during this period. Despite outperforming its sector by 1.04% today, the stock's performance over the past week shows a significant drop of 6.20%, while its year-to-date performance reflects a staggering decline of 42.48%. The company's financial health is concerning, with a reported negative EBITDA and a high Debt to EBITDA ratio of 3.89 times, indicating a low ability to service debt. Additionally, the company has reported losses, with a negative return on equity, and a significant decline in operating profits over the last five years.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has underperformed the Sensex, which has only declined by 1.05% over the past week. The film production, distribution, and entertainment sector as a whole has also seen a downturn, falling by 4.68%. This broader market weakness, combined with the company's weak long-term fundamentals and consistent underperformance against the benchmark over the last three years, contributes to the negative sentiment surrounding V R Films & Studios Ltd. The significant drop in investor participation, with delivery volume falling by 98.88% against the five-day average, further indicates a lack of confidence among investors, reinforcing the stock's downward trajectory.