Why is PDS falling/rising?

As of 01-Aug, PDS Ltd's stock price is currently at Rs 357.50, reflecting a decrease of Rs 3.0 or 0.83%. The stock has recently underperformed, having fallen 3.30% over the past week and 10.71% over the past month. Today, it opened with a significant loss of 3.66% and reached an intraday low of Rs 341.35, which is only 4.62% above its 52-week low. Despite a recent trend reversal after two days of gains, the stock is trading below all key moving averages, indicating a bearish trend. The company has shown high management efficiency and a strong ability to service debt, but negative quarterly results and a significant decline in returns over the past year have contributed to its current price movement.
In the broader market context, PDS Ltd's performance has been notably weaker than the benchmark, with a year-to-date return of -38.15% compared to the Sensex's gain of 3.15%. This stark contrast highlights the stock's struggles relative to the overall market. Additionally, the textile sector has also experienced a downturn, falling by 2.86%, which may further pressure PDS's stock price. Although there has been rising investor participation, as indicated by an increase in delivery volume, the overall negative sentiment surrounding the stock and its recent poor performance in both short-term and long-term metrics suggest that it is facing significant challenges.