Why is Phoenix Township falling/rising?

As of 10-Jul, Phoenix Township Ltd is experiencing a decline in its stock price, currently at 220.35, which reflects a decrease of 10.65 or 4.61%. The stock has underperformed its sector by 4.4% today and has been on a consecutive downward trend for the last three days, resulting in an overall drop of 8.19% during this period. Additionally, the stock 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 1639.84% against the 5-day average, the stock's performance over the past month shows a decline of 10.17%, and year-to-date, it has fallen by 22.23%. While the promoters have increased their stake by 3.43%, reflecting confidence in the company, the low return on equity of 1.48% and poor quarterly results have raised concerns about management efficiency and profitability.
In the broader market context, the Sensex has shown minimal movement with a decline of only 0.06% over the past week, contrasting sharply with Phoenix Township's 4.92% drop in the same timeframe. While the stock has outperformed the benchmark over the past year with a return of 42.12%, the recent performance indicates a significant divergence from the overall market trend. The company's valuation appears expensive relative to its peers, further complicating its market position. Overall, the combination of poor management efficiency, disappointing quarterly results, and a significant decline in stock price has contributed to the current downward movement of Phoenix Township Ltd.