Why is Phoenix Overseas falling/rising?

As of 16-Sep, Phoenix Overseas Ltd is experiencing a price increase, with the current price at 22.30, reflecting a change of 0.65 or 3.0% upward. Despite this positive movement today, the stock has shown a mixed performance in the past week and month, with a decline of 1.11% over the last week and a slight increase of 0.90% over the past month. The stock outperformed its sector by 3.25% today; however, it is trading lower than the 5-day, 50-day, 100-day, and 200-day moving averages, indicating some short-term weakness. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 76.19% against the 5-day average, which may suggest a lack of confidence among investors. The positive and negative factors dashboard is unavailable, limiting further insights into the specific influences on the stock's movement.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has gained 1.49% over the past week and 2.47% over the past month. Year-to-date, Phoenix Overseas has declined by 20.21%, while the Sensex has increased by 6.74%, highlighting a significant underperformance relative to the market. This disparity may contribute to the stock's volatility and investor sentiment, as the broader market continues to show resilience compared to the company's struggles. Overall, while the stock has seen a rise today, its longer-term performance and declining investor participation suggest ongoing challenges.