Why is Prime Focus falling/rising?

As of 23-Jun, Prime Focus Ltd's stock price is currently at 114.05, reflecting a decrease of 1.95, or 1.68%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 9.8% during this period. In the past week, the stock has decreased by 6.94%, contrasting with a slight increase of 0.12% in the Sensex. Although the stock has shown positive performance over the last month with an increase of 11.38%, its year-to-date performance is concerning, with a decline of 16.81%. Factors contributing to the stock's recent movement include a high debt-equity ratio, which indicates weak long-term fundamental strength, and a lack of domestic mutual fund investment, suggesting a lack of confidence in the stock's valuation despite its attractive metrics such as high net sales and profit growth.
In the broader market context, Prime Focus Ltd's recent performance contrasts sharply with the benchmark, as the stock has underperformed the Sensex in the short term. While the stock has generated an 8.46% return over the past year, the Sensex has outperformed it with a 4.81% increase year-to-date. The stock's liquidity appears adequate for trading, but the rising investor participation has not translated into positive price movement, likely due to the concerns over its high debt levels and the absence of significant institutional backing. Overall, the combination of short-term declines, high debt, and cautious investor sentiment has contributed to the stock's downward trajectory.