Why is Phoenix Township falling/rising?

As of 30-Oct, Phoenix Township Ltd's stock price is currently at Rs 157.55, reflecting an increase of Rs 7.5 or 5.0%. The stock has shown a positive performance today, outperforming its sector by 4.69% and has been on a consecutive gain for the last two days, accumulating a total return of 5.74% during this period. However, despite this recent uptick, the stock has experienced a significant decline year-to-date, down 44.40%, and a 1-month return of -3.93%. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 60.78% compared to the 5-day average, which may indicate a lack of confidence among investors.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has seen a slight decline of 0.18% over the past week, while Phoenix Township has gained 10.10% in the same timeframe. This suggests that the stock is currently benefiting from a short-term recovery phase, despite its longer-term struggles. The stock's performance over the past three years has been impressive, with a return of 253.25%, significantly outpacing the Sensex's 40.77% increase. However, the recent declines in both monthly and yearly returns highlight ongoing challenges that the company faces, which may temper the enthusiasm generated by today's price movement.