Why is PDS falling/rising?

As of 28-Aug, PDS Ltd's stock price is currently at Rs 326.00, reflecting a decrease of Rs 1.0 or 0.31%. The stock has shown a significant decline over the past month, down 9.28%, and a staggering 44.47% over the past year. Despite opening with a gain of 7% today and touching an intraday high of Rs 349.9, the stock has underperformed its sector by 0.51%. Additionally, it is trading below all key moving averages and is close to its 52-week low, which is only 3.47% away. While the company has demonstrated strong management efficiency and a healthy ability to service debt, the negative financial results reported for June, including a substantial drop in profit before tax and net profit, have contributed to the stock's downward pressure.
In the broader market context, PDS Ltd has underperformed the Sensex, which has seen a decline of only 2.34% over the past week, compared to PDS's 0.64% drop. The stock's long-term performance has also been lackluster, with a return of -44.47% over the last year, indicating a broader trend of underperformance relative to the market. Although there has been a rise in investor participation, as evidenced by a significant increase in delivery volume, the overall sentiment remains cautious due to the company's recent financial struggles and its inability to keep pace with market benchmarks.