Why is Cochin Malabar falling/rising?

As of 12-Sep, Cochin Malabar Estates & Industries Ltd is experiencing a decline in its stock price, currently at 159.95, reflecting a decrease of 2.05 or 1.27%. The stock has underperformed its sector by 0.77% today, and while it has shown a slight increase of 1.65% over the past month, it has significantly lagged behind in the year-to-date returns with a drop of 18.70%. The stock's performance has been erratic, not trading on one day out of the last 20 days, and it is currently trading below its longer-term moving averages, indicating a bearish trend. Additionally, the company has a negative book value and a high debt-to-equity ratio, which contributes to its weak long-term fundamental strength. Despite a rise in delivery volume, the stock's overall performance remains concerning, with a substantial decline of 24.69% over the past year.
In the broader market context, the Sensex has performed positively, gaining 1.48% over the past week and 4.82% year-to-date, contrasting sharply with Cochin Malabar's poor performance. The stock's returns have been significantly worse than the benchmark, which has only declined by 1.28% over the past year. This underperformance highlights the company's struggles relative to the overall market, suggesting that investor sentiment is negatively impacted by its financial health and growth prospects. The combination of high debt, negative EBITDA, and flat sales growth further exacerbates the stock's challenges in attracting investor confidence amidst a generally improving market environment.