Why is Phantom Digital falling/rising?

As of 26-Sep, Phantom Digital Effects Ltd is experiencing a decline in its stock price, currently at 243.70, which reflects a decrease of 7.5 or 2.99%. The stock has underperformed its sector by 0.9% today, and while it is higher than the 200-day moving average, it is lower than the 5-day, 20-day, 50-day, and 100-day moving averages. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 18.18% compared to the 5-day average. Despite the company's high management efficiency, strong debt servicing ability, and impressive growth in net sales and operating profit, the stock's recent performance is hindered by its very expensive valuation and a significant decline in profits over the past year.
In the broader market context, the stock has generated a return of -32.61% over the past year and has underperformed the BSE500 index over the last three years, one year, and three months. This underperformance, coupled with the company's high enterprise value to capital employed ratio, suggests that investors may be cautious about its future prospects. The combination of falling profits and below-par performance in both the long term and near term contributes to the stock's current downward trend.