Why is Cochin Malabar falling/rising?

As of 15-Sep, Cochin Malabar Estates & Industries Ltd is experiencing a price increase, currently at 162.50, reflecting a change of 2.55 (1.59%) upward. The stock's performance today is in line with the sector, although it has shown erratic trading patterns, not trading on one day out of the last 20. The stock is currently trading above its 5-day and 20-day moving averages but below its longer-term averages (50-day, 100-day, and 200-day). Despite a modest 4.50% gain over the past month, the stock has underperformed significantly on a year-to-date basis with a decline of 17.41%. The company faces challenges such as a negative book value, high debt levels, and weak long-term growth, which contribute to its classification as a strong sell.
In the broader market context, the stock's short-term return of 0.93% over the past week is slightly below the benchmark Sensex's return of 1.24%. Over the past year, Cochin Malabar has underperformed the market, with a decline of 27.13% compared to the Sensex's minor drop of 1.33%. This underperformance, coupled with falling investor participation and a significant drop in delivery volume, indicates a lack of confidence among investors. The company's weak fundamentals, including a negative EBITDA and high debt-to-equity ratio, further exacerbate its challenges in the current market environment.