Why is PDS falling/rising?

As of 25-Jul, PDS Ltd's stock price is currently at Rs 369.70, reflecting a decline of Rs 6.8 or 1.81%. The stock has been underperforming recently, with a consecutive fall over the last two days, resulting in a total drop of 2.51%. It is also close to its 52-week low, just 3.96% away from Rs 355.05. In terms of performance, PDS has seen a significant decline of 36.04% year-to-date, while its one-year return stands at -27.17%. Despite these challenges, the company maintains a high management efficiency with a return on capital employed (ROCE) of 24.73% and a low debt to EBITDA ratio of 0.47, indicating a strong ability to service its debt. However, the stock is trading below all its moving averages, suggesting a bearish trend.
In the broader market context, PDS's short-term performance has been notably worse than the benchmark, with a 1-week return of -4.59% compared to the Sensex's -0.36%. The textile sector, in which PDS operates, has also seen a decline of 2.96%. Additionally, there has been a drop in investor participation, with delivery volume decreasing by 26.57% against the 5-day average. This lack of liquidity, combined with the stock's poor performance relative to the market and sector, contributes to the downward pressure on PDS's stock price.