Why is Coal India falling/rising?

As of 31-Jul, Coal India Ltd. is experiencing a decline in its stock price, currently at 376.45, which reflects a decrease of 3.4 points or 0.9%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total return of -1.9% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Although the stock has a high dividend yield of 6.97% and has seen a rise in delivery volume by 6.06% against the 5-day average, it has underperformed the market significantly over the past year, with a return of -27.90% compared to the Sensex's -0.68%. The company's strong long-term fundamentals, including a high return on equity and low debt-to-equity ratio, are overshadowed by recent negative financial results, including a substantial drop in profit after tax.
In the broader market context, Coal India’s short-term performance has been weaker than the benchmark, with a 1-week return of -2.33% compared to the Sensex's -1.22%. This indicates that while the overall market has also faced challenges, Coal India has struggled more significantly. The company's recent negative financial results, including a 20.2% decline in profit after tax, have contributed to its underperformance relative to the market. Despite its position as the largest company in the sector and strong institutional holdings, the stock's recent price movements reflect investor concerns over its profitability and market position.