Why is PDS falling/rising?

As of 06-Aug, PDS Ltd's stock price is currently at 334.85, reflecting a decrease of 0.7, or 0.21%. The stock has recently hit a new 52-week low of Rs. 331.55 and has been on a downward trend, losing value for the last four consecutive days, resulting in a total decline of 7.12% during this period. Additionally, PDS Ltd has underperformed significantly over the past month, with a 17.24% drop compared to a 3.46% decline in the Sensex. The stock is trading below all key moving averages, indicating a bearish trend. Despite these challenges, there has been a rise in investor participation, with delivery volume increasing by 17.96% against the five-day average, suggesting some interest in the stock despite its recent performance.
In the broader market context, PDS Ltd's short-term performance has been notably worse than the benchmark, as it has fallen 6.20% over the past week while the Sensex has only declined by 1.15%. This stark contrast highlights the stock's struggles relative to the overall market. The textile sector, in which PDS operates, has also experienced a decline of 2.07%, contributing to the negative sentiment surrounding the stock. Overall, the combination of poor performance metrics, a bearish trend in moving averages, and sector-wide challenges has led to PDS Ltd's recent price decline.