Why is Phantom Digital falling/rising?

As of 08-Jul, Phantom Digital Effects Ltd is experiencing a price increase, currently at 302.15, reflecting a change of 2.5 or 0.83% upward. The stock has shown strong performance in the short term, with a 1-week return of +15.10%, significantly outperforming the Sensex, which has seen a slight decline of -0.08%. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there is a noted decrease in investor participation, with delivery volume falling by 35.51% compared to the 5-day average. Despite a negative return of -33.26% over the past year, the company has demonstrated high management efficiency, a low debt-to-equity ratio, and impressive growth in net sales and operating profit, which contribute positively to its recent price movement.
In the broader market context, while Phantom Digital has outperformed the sector today, it has underperformed the market over the last year, where the BSE500 index generated returns of 1.98%. This stark contrast highlights the stock's volatility and the challenges it faces despite its recent gains. The company's positive quarterly results and attractive valuation metrics, such as a high return on equity and a low price-to-book ratio, suggest potential for future growth, yet the significant underperformance over the past year remains a concern for investors.