Why is Phoenix Township falling/rising?

As of 15-Oct, Phoenix Township Ltd's stock price is currently at Rs. 140.00, reflecting an increase of Rs. 3.85 or 2.83%. The stock has shown a trend reversal today, gaining after two consecutive days of decline. It opened with a gain of 4.22% and reached an intraday high of Rs. 141.9, although it also hit a new 52-week low of Rs. 132.25 earlier in the day. Despite today's positive movement, the stock has a significant negative return of -29.29% over the past month and -50.59% year-to-date, indicating a challenging performance in the longer term. Additionally, the stock is trading below all key moving averages, and there has been a notable decrease in investor participation, with delivery volume falling by 21.43% compared to the five-day average.
In the broader market context, Phoenix Township's recent performance has outpaced the sector by 1.85% today, while the benchmark Sensex has only gained 1.02% over the past week. However, the stock's year-to-date performance is starkly contrasted by the Sensex's positive return of 5.72%, highlighting a significant underperformance in the long run. The liquidity of the stock remains adequate for trading, but the overall declining trend in investor interest and the recent drop in delivery volumes suggest caution among investors.