Why is Phoenix Township falling/rising?

As of 30-Jun, Phoenix Township Ltd is experiencing a decline in its stock price, currently at 207.25, which reflects a decrease of 2.5 or 1.19%. The stock has been underperforming, having lost 12.52% over the past week and 17.27% over the past month. It has also fallen for five consecutive days, with today's performance showing a gap down opening of 2.26% and an intraday low of Rs 199.35, marking a significant drop of 4.96%. Despite a rise in investor participation, with delivery volume increasing by 72.51% against the five-day average, the stock is trading below its moving averages across multiple timeframes. The company's low return on equity of 1.48% and poor management efficiency further contribute to its negative outlook, alongside flat quarterly results that indicate declining profitability.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 2.09% over the past week and 2.65% over the past month. While Phoenix Township has shown strong returns over the past year and three years, outperforming the BSE 500, its current struggles highlight a disconnect between long-term performance and recent financial health. The company's high valuation relative to its peers, coupled with a significant drop in profit before tax and profit after tax compared to previous quarters, raises concerns among investors, contributing to the stock's downward trajectory.