Why is Cochin Malabar falling/rising?

As of 18-Sep, Cochin Malabar Estates & Industries Ltd is experiencing a decline in its stock price, currently at Rs 158.00, which reflects a decrease of Rs 3.95 or 2.44%. The stock has underperformed its sector by 1.86% today and reached an intraday low of Rs 151.5, marking a significant drop of 6.45%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a notable increase in delivery volume, which rose by 327.88% against the 5-day average, the overall performance remains weak, with year-to-date returns down by 19.70% and a one-year decline of 34.43%.
In the broader market context, the stock's short-term performance over the past week shows a decline of 2.47%, contrasting with the Sensex, which has gained 1.80% during the same period. This underperformance highlights the stock's struggles relative to the benchmark index. While the stock has shown strong growth over the past three years with a return of 119.60%, the recent trends suggest a significant disconnect from broader market gains, as evidenced by the Sensex's year-to-date increase of 6.24%.