Why is Faze Three falling/rising?

As of 22-Aug, Faze Three Ltd is experiencing a decline in its stock price, currently at Rs 482.60, which reflects a decrease of Rs 15.4 or 3.09%. The stock has underperformed its sector by 2.86% today, touching an intraday low of Rs 480, which is a drop of 3.61%. Over the past week, the stock has shown a positive return of 3.35%, but it has significantly underperformed over the past month with a decline of 31.60%. Despite a strong financial performance in the latest quarter, including an 86.65% increase in net profit and record net sales, the stock's price has been negatively impacted by falling investor participation, as evidenced by a 61.82% drop in delivery volume compared to the 5-day average.
In the broader market context, while the Sensex has increased by 0.88% over the past week, Faze Three's recent performance indicates a stark contrast, particularly with its 1-month return of -31.60% compared to the benchmark's -1.07%. The stock's liquidity remains adequate for trading, but the recent decline in retail investor participation may be a concern, even as institutional investors have slightly increased their stake. This suggests that while the fundamentals of the company appear strong, the market sentiment and trading activity are currently unfavorable, contributing to the stock's downward movement.