Why is Faze Three falling/rising?

As of 21-Jul, Faze Three Ltd's stock price is currently at 684.70, reflecting an increase of 0.9 (0.13%). The stock has shown a trend reversal, gaining after three consecutive days of decline. Despite a recent drop in delivery volume by 58.69% against the 5-day average, the stock has outperformed its sector by 0.55% today. Over the past month, Faze Three has delivered a strong return of 22.27%, significantly outperforming the Sensex, which has seen a decline of 0.25%. The company's recent positive financial results, including a 116.9% growth in PAT and a 30.8% increase in net sales compared to previous quarters, indicate a robust recovery, contributing positively to its stock performance.
In the broader market context, Faze Three's short-term performance contrasts sharply with the benchmark, as it has gained 22.27% over the past month while the Sensex has fallen by 0.25%. This outperformance is further underscored by the company's strong long-term returns, with a 54.21% increase year-to-date and a remarkable 1870.36% rise over the past five years. The company's low Debt to EBITDA ratio of 1.26 times suggests a strong ability to service its debt, reinforcing investor confidence. Overall, the combination of positive earnings results and a solid long-term performance trajectory has contributed to the stock's recent upward movement.