Why is Phoenix Township falling/rising?

As of 01-Jul, Phoenix Township Ltd's stock price is currently at 215.15, reflecting an increase of 7.9, or 3.81%. Today's price summary indicates that the stock has reversed a trend of five consecutive days of decline, achieving an intraday high of Rs 215.15. Despite this positive movement, the stock has underperformed in the short term, with a 1-week return of -7.26% and a 1-month return of -14.11%. However, the recent increase in promoter confidence, with a 3.43% rise in their stake, signals a positive outlook for the company, even as it grapples with low management efficiency indicated by a return on equity of just 1.48%.
Broader market context shows that while Phoenix Township has experienced significant growth over the past year with a return of 65.25%, it has lagged behind the Sensex in the short term, which has gained 2.00% over the past week. The stock's recent performance today, which outperformed its sector by 3.65%, may reflect a recovery from previous losses, although it remains lower than its moving averages across various time frames. The stock's liquidity appears adequate for trading, which may contribute to its recent price increase, despite concerns regarding its profitability and valuation metrics.