Why is Phoenix Township falling/rising?

As of 23-Sep, Phoenix Township Ltd's stock price is currently at 170.20, reflecting a decline of 8.4 points or 4.7%. The stock has been underperforming significantly, having fallen consecutively for the last five days, resulting in a total return of -14.86% over that period. Today's trading saw the stock reach a high of Rs 183 but also dip to a low of Rs 170.05, indicating volatility. The stock is trading below its moving averages across various time frames, and there has been a notable decrease in investor participation, with delivery volume dropping by 50% compared to the five-day average. Additionally, the company's financial health is concerning, with a low return on equity of 1.47% and a high debt-to-EBITDA ratio of 25.21 times, which suggests difficulties in servicing debt and low profitability. The recent negative results, including a 30.7% decline in net sales, further exacerbate the stock's downward trend.
In the broader market context, Phoenix Township's performance has been notably worse than the benchmark, with a one-year return of -26.00% compared to the BSE500's decline of only -4.69%. This stark contrast highlights the company's struggles relative to the overall market. While the stock has shown some positive long-term growth in operating profit, the recent financial metrics and management efficiency issues have overshadowed these gains, leading to a lack of investor confidence and contributing to the stock's decline. The combination of poor short-term performance and negative financial indicators has positioned Phoenix Township as a weak performer in the current market environment.