Why is Phantom Digital falling/rising?

As of 04-Aug, Phantom Digital Effects Ltd is experiencing a decline in its stock price, currently at Rs 287.20, which reflects a decrease of Rs 5.45 or 1.86%. The stock has underperformed its sector by 3.07% today and has been on a downward trend for the last two days, with a total drop of 4.8% during this period. Additionally, the stock has shown a significant decline over the past week and month, with returns of -8.45% and -6.16%, respectively. Despite a year-to-date increase of 35.09%, the stock's performance over the last year has been poor, with a return of -27.52%. The company has also seen a decrease in investor participation, with delivery volume falling by 9.72% against the five-day average.
In the broader market context, while the Sensex has shown a slight gain of 0.17% over the past week, Phantom Digital's performance has been notably weaker, indicating a divergence from the overall market trend. The company's high management efficiency and low debt-to-equity ratio suggest strong fundamentals; however, the significant underperformance over the past year raises concerns among investors. Despite positive results in the last two quarters and impressive growth in net sales and operating profit, the stock's recent movement reflects a lack of confidence, likely influenced by its historical performance and current market conditions.