Why is Phoenix Township falling/rising?

As of 29-Jul, Phoenix Township Ltd is experiencing a decline in its stock price, currently at Rs 178.60, which represents a decrease of 9.4 points or 5.0%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 12.71% during this period. It opened with a loss of 4.73% today and touched an intraday low of Rs 178.60. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. While there has been a notable increase in investor participation, with delivery volume rising by 84.59% against the 5-day average, the overall performance remains weak, as indicated by a 12.45% drop over the past week and a 14.85% decline over the past month.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 1.03% over the past week and 3.24% over the past month. Despite a strong long-term performance, with a 286.58% increase over three years and a 26.44% rise over the past year, the company's low return on equity of 1.48% and poor management efficiency raise concerns. The recent flat results and significant drops in profit before and after tax further exacerbate the situation. Although promoters have increased their stake by 3.43%, indicating confidence in the company, the combination of low profitability and high valuation relative to peers suggests that the stock may be facing challenges that are contributing to its current decline.