Why is Faze Three falling/rising?

As of 16-Jul, Faze Three Ltd's stock price is currently at Rs 705.90, reflecting a decrease of Rs 6.9 or 0.97%. The stock has recently experienced a trend reversal, falling after three consecutive days of gains, and it touched an intraday low of Rs 688.4, which is a decline of 3.42%. Despite this short-term drop, the stock has shown strong performance over the past week, with a return of 15.38%, and a remarkable 58.99% year-to-date increase. Additionally, the company has reported positive financial results after four consecutive negative quarters, which includes the highest net sales and profit before tax figures in recent times. This strong ability to service debt, indicated by a low Debt to EBITDA ratio of 1.26 times, supports the stock's overall stability.
Broader market context indicates that while Faze Three has underperformed its sector by 1.5% today, it has outperformed the benchmark Sensex over various time frames, including a 41.19% return over the past year compared to the Sensex's 2.38%. The stock's liquidity remains adequate, with a significant increase in delivery volume, suggesting rising investor participation. Despite the recent price decline, the long-term performance remains strong, with the stock outperforming the broader market over the last three years, one year, and three months, indicating a resilient position in the market.