Why is Faze Three falling/rising?

As of 01-Sep, Faze Three Ltd's stock price is currently at Rs 437.80, reflecting an increase of Rs 6.7 or 1.55%. Today, the stock outperformed its sector by 0.51%, reaching an intraday high of Rs 449.7, which is a 4.31% increase. However, despite this positive movement, the stock has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term downward trend. Over the past week, the stock has seen a decline of 6.50%, and over the past month, it has dropped by 30.27%. On a more positive note, the company has shown strong financial performance with a significant increase in net sales and profit after tax, alongside a low debt to EBITDA ratio, which suggests a strong ability to service its debt.
In the broader market context, while Faze Three has experienced a decline of 11.26% over the past year, the benchmark Sensex has only fallen by 2.43% during the same period, indicating that the stock has underperformed relative to the market. However, the stock's recent rise may be supported by increasing participation from institutional investors, who have raised their stakes, suggesting a growing confidence in the company's fundamentals. Additionally, the stock's current valuation is considered fair compared to its peers, which may attract more investors looking for value opportunities despite its recent volatility.