Why is PDS falling/rising?

As of 16-Oct, PDS Ltd's stock price is currently at 308.00, reflecting an increase of 11.55, or 3.9%. The stock has shown a positive trend recently, gaining 4.64% over the last two days and opening with a gain of 2.13% today. Despite this short-term uptick, the stock has underperformed in the longer term, with a year-to-date decline of 46.71% and a one-year return of -42.37%. Positive factors contributing to the recent rise include high management efficiency indicated by a ROCE of 24.73%, a strong ability to service debt with a low Debt to EBITDA ratio of 0.47, and healthy long-term growth with an annual operating profit increase of 22.51%. However, negative results from June, including a significant drop in profit before tax and a decrease in institutional investor participation, have raised concerns about the stock's overall performance.
In the broader market context, PDS Ltd's recent performance contrasts with the benchmark, as the stock has declined by 1.12% over the past week while the Sensex has gained 1.58%. This underperformance is evident in the stock's longer-term returns, where it has lagged behind the BSE500 index over various periods. The textile sector, in which PDS operates, has gained by 2.31%, suggesting that the broader market is experiencing positive momentum, yet PDS's falling institutional interest and historical underperformance indicate challenges that may hinder its recovery despite recent gains.