Why is Cochin Malabar falling/rising?

As of 24-Sep, Cochin Malabar Estates & Industries Ltd is experiencing a decline in its stock price, currently at Rs 151.00, reflecting a decrease of Rs 3.5 or 2.27%. The stock has underperformed significantly today, with a performance that is 2.99% lower than its sector. It touched an intraday low of Rs 150, indicating a downward trend. The stock is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 59.01% compared to the 5-day average. Over the past year, the stock has seen a substantial decline of 32.09%, which is much worse than the broader market's negative return of 3.77%.
In the broader market context, the stock's short-term performance has been notably poor, with a 1-week return of -6.76% compared to the Sensex's -1.18%. This underperformance is compounded by the company's weak long-term fundamentals, characterized by a negative book value and high debt levels, which contribute to its risky trading status. Despite a significant rise in profits over the past year, the stock's overall return has been detrimental, indicating a disconnect between profit growth and stock performance. The company's lack of long-term growth, as evidenced by stagnant net sales and operating profit, further exacerbates the situation, leading to a bearish outlook for investors.