Why is Phoenix Township falling/rising?

As of 26-Jun, Phoenix Township Ltd's stock price is currently at Rs 217.60, reflecting a decline of Rs 8.0 or 3.55%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 8.15% during this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a significant increase in delivery volume, which rose by 367.25% against the 5-day average, the stock's performance over the past week and month has been poor, with declines of 7.40% and 18.43%, respectively. While the promoters have increased their stake by 3.43%, reflecting confidence in the company's future, the low return on equity of 1.48% and disappointing quarterly results have raised concerns about management efficiency and profitability.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 2.94% over the past week and 1.92% over the past month. This stark difference highlights the stock's struggles relative to the benchmark. Although Phoenix Township has shown strong returns over the past year and three years, outperforming the BSE 500 in each of the last three annual periods, the current negative sentiment driven by poor management efficiency and flat quarterly results has overshadowed these positives, contributing to its recent decline.