Why is PDS falling/rising?

As of 04-Aug, PDS Ltd's stock price is currently at 347.15, reflecting a decrease of 3.95, or 1.13%. The stock has recently hit a new 52-week low of Rs. 340 and has underperformed its sector by 1.47%. Over the past week, PDS has fallen by 3.40%, and its year-to-date return stands at a significant decline of 39.94%. The stock has been on a downward trend, losing value for the last two days, and its performance has been below the moving averages across various time frames. While the company exhibits strong management efficiency and a healthy ability to service debt, the negative results reported for June, including a 34.7% drop in PAT, have contributed to the stock's poor performance, alongside a substantial decline in returns over the past year.
In the broader market context, PDS's recent performance contrasts sharply with the Sensex, which has gained 0.16% over the past week. The stock's long-term underperformance is evident, as it has generated a return of -40.72% in the last year, while the Sensex has remained relatively stable with a slight increase of 0.05%. Despite some positive indicators such as rising investor participation and attractive valuations compared to peers, the overall sentiment remains negative due to the company's recent financial results and its inability to keep pace with the broader market trends.