Why is Faze Three falling/rising?

As of 29-Jul, Faze Three Ltd's stock price is currently at Rs 688.10, reflecting an increase of Rs 3.45 or 0.5%. The stock has shown a trend reversal, gaining after two consecutive days of decline, although it previously touched an intraday low of Rs 660, which represented a drop of 3.6%. Over the past week, the stock has decreased by 2.48%, but it has performed well over the last month with an increase of 18.40%. The company recently reported positive quarterly results, with significant growth in profit after tax and net sales, which may have contributed to the recent uptick in stock price. Additionally, institutional investors have increased their stake, indicating growing confidence in the company's fundamentals.
In the broader market context, Faze Three's recent performance contrasts with the benchmark Sensex, which has declined by 1.03% over the past week. This suggests that while the stock has faced short-term challenges, it has outperformed the market overall, particularly with a year-to-date return of 54.98% compared to the Sensex's 4.09%. The company's ability to service debt effectively, as indicated by its low Debt to EBITDA ratio, further supports its stability and attractiveness to investors. Despite a recent drop in delivery volume, the stock remains liquid enough for trading, which may also contribute to its resilience in a fluctuating market.