Why is PDS falling/rising?

As of 05-Aug, PDS Ltd is experiencing a decline in its stock price, currently at Rs. 334.85, which reflects a decrease of Rs. 10.05 or 2.91%. The stock has hit a new 52-week low today and has underperformed its sector by 2.48%. Over the last three days, PDS has seen a consecutive fall, totaling a decline of 7.12%. Despite opening with a gain of 3.17% today and reaching an intraday high of Rs. 355.85, the stock ultimately closed lower. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Notably, there has been a rise in investor participation, with delivery volume increasing by 38.73% against the 5-day average, suggesting some interest in the stock despite its recent poor performance.
In the broader market context, PDS Ltd's short-term performance has been significantly worse than the benchmark, with a 1-week return of -5.70% compared to the Sensex's -0.77%. Over the past month, PDS has declined by 17.24%, while the Sensex has only fallen by 3.26%. Year-to-date, PDS is down 42.07%, contrasting sharply with the Sensex's positive return of 3.29%. This stark difference highlights the challenges PDS is facing in the current market environment, contributing to its ongoing price decline.