Why is Cochin Malabar falling/rising?

As of 15-Oct, Cochin Malabar Estates & Industries Ltd is experiencing a decline in its stock price, currently at 140.00, reflecting a decrease of -0.4 or -0.28%. The stock has underperformed its sector by -0.72% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of -6.67%. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish trend. The company has a negative book value and has shown weak long-term fundamental strength, with net sales and operating profit growth stagnating at 0% over the past five years. The high debt levels, indicated by a debt-to-equity ratio of 0, further contribute to the stock's riskiness, which is reflected in its negative EBITDA.
In the broader market context, Cochin Malabar's performance has been significantly worse than the benchmark, with a one-year return of -19.89% compared to the BSE500's negative return of -1.87%. Over the past week and month, the stock has also underperformed, with declines of -7.68% and -13.85%, respectively, while the Sensex has shown positive returns during the same periods. This stark contrast highlights the stock's struggles in a generally stable market environment, reinforcing the perception of it being a strong sell due to its poor performance relative to both the market and its own historical valuations.