Why is Cochin Malabar falling/rising?

As of 11-Sep, Cochin Malabar Estates & Industries Ltd is experiencing a price increase, currently at Rs 162.00, which reflects a rise of Rs 6.0 or 3.85%. Today's price summary indicates that the stock outperformed its sector by 4.03%, reaching an intraday high of Rs 163, although it also saw a low of Rs 150. Despite this positive movement today, the stock has shown a decline of 1.13% over the past month and a significant drop of 17.66% year-to-date. The company faces challenges, including a negative book value and high debt levels, which contribute to its weak long-term fundamental strength. Additionally, the stock has underperformed the market over the past year, with a return of -19.92%, despite an increase in profits.
In the broader market context, the stock's short-term performance of +3.09% over the past week contrasts with the Sensex, which has only risen by 1.03% during the same period. This indicates that while Cochin Malabar is currently gaining traction relative to the benchmark, its long-term outlook remains concerning due to poor growth metrics and high debt levels. The stock's erratic trading patterns and falling investor participation further complicate its market position, suggesting that while there may be short-term gains, the overall sentiment towards the stock remains cautious.