Why is Phoenix Township falling/rising?

As of 24-Oct, Phoenix Township Ltd's stock price is currently at 146.90, reflecting an increase of 3.8, or 2.66%. The stock has shown a positive trend recently, gaining for the last three days and achieving a total return of 7.23% during this period. Despite this recent uptick, the stock has experienced a significant decline over the past month, down 11.80%, and a year-to-date drop of 48.16%. The stock's performance today outperformed its sector by 2.9%, but it has seen a notable decrease in investor participation, with delivery volume falling by 84.34% compared to the five-day average. Additionally, while the stock is trading above its five-day moving average, it remains below its longer-term moving averages, indicating mixed signals regarding its price momentum.
Broader market context shows that over the past week, Phoenix Township has outperformed the Sensex, gaining 4.52% compared to the benchmark's 0.31%. However, the stock's longer-term performance remains concerning, with a year-over-year decline of 21.36% against the Sensex's 5.18% increase. This disparity highlights the challenges the company faces in regaining investor confidence despite recent gains. The liquidity of the stock appears adequate for trading, but the significant drop in delivery volume suggests a potential lack of sustained interest from investors, which could impact future price movements.