Why is PDS falling/rising?

As of 07-Aug, PDS Ltd's stock price is currently at Rs. 332.60, reflecting a decrease of Rs. 2.35, or 0.7%. The stock has been experiencing a downward trend, having fallen consecutively for the last five days, resulting in a total decline of 7.74% over that period. Today, the stock hit a new 52-week low of Rs. 320.55, marking a significant intraday drop of 4.3%. Additionally, PDS Ltd has shown poor performance over the past month, with a decline of 16.43%, and a year-to-date drop of 42.46%, contrasting sharply with the Sensex, which has gained 3.18% during the same period. While the stock is trading below all key moving averages, there has been a slight increase in investor participation, with delivery volume rising by 8.28% against the five-day average.
In the broader market context, PDS Ltd's recent performance has been notably worse than the benchmark Sensex, which has only declined by 0.69% over the past week. The stark contrast in performance, particularly the significant year-to-date decline of 42.46% for PDS compared to the Sensex's gain, highlights the stock's struggles in the current market environment. Despite the recent increase in liquidity, the overall sentiment around PDS Ltd appears negative, contributing to the ongoing decline in its stock price.