Why is Cochin Malabar falling/rising?

As of 09-Sep, Cochin Malabar Estates & Industries Ltd is experiencing a decline in its stock price, currently at Rs 156.00, reflecting a decrease of 5.0 points or 3.11%. Today's trading performance indicates that the stock has underperformed its sector by 4.49%, opening with a loss of 3.11% and reaching an intraday low of Rs 156. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume plummeting by 99.58% compared to the 5-day average. The company also has a negative book value and a high debt-to-equity ratio, contributing to its weak long-term fundamental strength.
In the broader market context, Cochin Malabar's performance over the past week and month has been negative, with returns of -3.64% and -4.79%, respectively, while the Sensex has shown gains of 1.18% and 1.56% during the same periods. Over the past year, the stock has underperformed the market significantly, with a return of -15.01% compared to the BSE500's decline of only -2.87%. This stark contrast highlights the stock's struggles relative to the broader market, further exacerbated by its poor financial metrics and high-risk profile, which have led to a lack of investor confidence.