Why is Prime Focus falling/rising?

As of 01-Aug, Prime Focus Ltd is experiencing a price increase, currently at 146.65, reflecting a change of 1.25 or 0.86% upward. Today's price summary indicates that the stock has gained after two consecutive days of decline, opening with a gain of 2.34% and reaching an intraday high of Rs 151, which is a 3.85% increase. Despite this positive movement, the stock's delivery volume has fallen significantly by 63.79% compared to the five-day average, suggesting a decrease in investor participation. Over the past year, the stock has generated a return of 1.17%, while its profits have surged by 100.8%, indicating strong financial performance. The company's low debt-equity ratio and attractive valuation compared to peers further support its recent price movement.
In the broader market context, Prime Focus Ltd's short-term performance has been slightly better than the benchmark, with a 1-week return of -1.11% compared to the Sensex's -1.06%. However, the stock has outperformed the benchmark over longer periods, including a 6.97% year-to-date return versus the Sensex's 3.15%. This long-term outperformance, combined with the company's strong financial results and market position, contributes to a positive outlook, despite the recent decline in investor participation.