Why is PDS falling/rising?

As of 31-Jul, PDS Ltd's stock price is currently at Rs. 360.50, reflecting an increase of 3.5 (0.98%). The stock has shown a performance improvement today, having outperformed its sector by 3.33% and gained 1.52% over the last two days. However, it opened with a loss of 2.72% and hit a new 52-week low of Rs. 341, indicating volatility. Over the past week, the stock has declined by 4.25%, and it has experienced a significant drop of 37.49% over the past year, despite a rise in profits by 8.8%. The company's high management efficiency, strong debt servicing ability, and healthy long-term growth prospects are positive factors, but the recent flat results and underperformance compared to benchmarks have contributed to its current price dynamics.
In the broader market context, PDS Ltd's short-term performance has been notably worse than the benchmark, with a 1-week decline of 4.25% compared to the Sensex's drop of only 1.22%. The textile sector has also faced challenges, falling by 2.44%, which may have influenced PDS's stock movement. Additionally, a decrease in investor participation, as evidenced by a 29.36% drop in delivery volume, suggests waning interest in the stock. Overall, while there are some positive indicators regarding the company's fundamentals, the recent price movements and broader market conditions reflect a challenging environment for PDS Ltd.