Why is Phoenix Intl. falling/rising?

As of 30-Oct, Phoenix International Ltd's stock price is currently at Rs 42.61, reflecting a decrease of Rs 2.84 or 6.25%. Today's performance indicates that the stock has underperformed its sector by 8.75%, having touched an intraday low of Rs 42.4, which represents a decline of 6.71%. Over the past week, the stock has seen a slight decrease of 0.65%, while its year-to-date performance shows a significant decline of 33.94%. Although the stock has outperformed the benchmark over a three-year period with a return of 56.37%, its recent performance has been negatively impacted by the footwear sector's overall gain of 2.5%. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.
Broader Market Context: In comparison to the benchmark Sensex, which has shown a slight decline of 0.18% over the past week, Phoenix International Ltd's performance has been notably weaker. The stock's year-to-date decline of 33.94% starkly contrasts with the Sensex's gain of 8.02%, highlighting a significant underperformance in the broader market context. Despite a rise in investor participation, as indicated by a substantial increase in delivery volume, the overall market sentiment and sector performance have not favored the stock, contributing to its current downward trend.