Why is Faze Three falling/rising?

As of 23-Jul, Faze Three Ltd's stock price is currently at Rs 702.50, reflecting a decline of Rs 3.1 or 0.44%. Today's price summary indicates that the stock has underperformed its sector by 1.63% and has experienced a trend reversal after two consecutive days of gains. The stock reached an intraday high of Rs 735.55 but fell to a low of Rs 688.8, with more trading volume occurring near the lower price. Despite this decline, Faze Three has shown strong performance over the past month, with a 24.81% increase, and impressive long-term returns, including a 58.22% rise year-to-date and a staggering 1993.89% increase over the last five years. The company has also recently reported positive quarterly results, indicating significant growth in profit after tax, profit before tax, and net sales, which may support its valuation despite the current price drop.
In the broader market context, Faze Three's short-term performance has lagged behind the Sensex, which has gained 0.11% over the past week while Faze Three has decreased by 0.48%. This underperformance may be contributing to the stock's current decline. However, the company’s ability to service its debt effectively, as indicated by a low Debt to EBITDA ratio, and its strong growth in key financial metrics suggest that it remains a solid long-term investment. The stock's liquidity is adequate for trading, but a notable decrease in delivery volume may indicate waning investor interest, which could further pressure the stock price in the short term.