Why is Phoenix Overseas falling/rising?

As of 04-Nov, Phoenix Overseas Ltd is experiencing a price increase, currently at 21.75, which reflects a rise of 1.45 or 7.14%. The stock has shown strong performance today, outperforming its sector by 7.92%. Additionally, the stock's delivery volume has increased by 7.14% compared to the 5-day average, indicating rising investor participation. In terms of returns, over the past week, the stock has gained 6.88%, while it has seen a modest increase of 2.59% over the past month. However, it is important to note that the stock has underperformed significantly on a year-to-date basis, down 22.18%, and has a one-year decline of 33.08%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
Broader market context shows that while Phoenix Overseas has performed well in the short term, the benchmark Sensex has declined by 1.31% over the past week, suggesting that the stock's rise is notable against a backdrop of broader market weakness. In the last month, the Sensex has increased by 2.83%, indicating that while the stock has gained, it still lags behind the benchmark on a longer time frame. Overall, the stock's recent upward movement can be attributed to short-term investor interest and participation, despite its longer-term underperformance compared to the broader market.