Why is Phoenix Township falling/rising?

As of 01-October, Phoenix Township Ltd is experiencing a decline in its stock price, currently at Rs 158.10, down by Rs 5.9 or 3.6%. The stock has underperformed its sector by 4.03% today, following a trend reversal after two consecutive days of gains. It opened with a gain of 3.6% but reached an intraday low of Rs 157.5, indicating volatility. The stock is currently trading below all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), and there has been a decrease in investor participation, with delivery volume falling by 2.13% compared to the 5-day average. Over the past year, the stock has seen a significant decline of 37.76%, while year-to-date, it is down 44.20%.
In the broader market context, the Sensex has shown a relatively stable performance, with a slight increase of 3.64% year-to-date and a decrease of only 3.90% over the past year. In contrast, Phoenix Township's performance has been notably poor, particularly in the short term, where it has dropped 7.33% over the last month compared to the Sensex's modest gain of 0.77%. This stark difference highlights the stock's struggles against the benchmark, suggesting that broader market conditions have not been favorable for Phoenix Township, contributing to its recent price decline.