Why is Cochin Malabar falling/rising?

As of 16-Oct, Cochin Malabar Estates & Industries Ltd is experiencing a price increase, currently at Rs 149.00, which reflects a rise of 9.0 or 6.43%. Today's price summary indicates that the stock has outperformed its sector by 5.32% and has gained after three consecutive days of decline, reaching an intraday high of Rs 149. However, the stock's performance over the past month shows a decline of 1.97%, and year-to-date, it has fallen by 24.27%. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 37.57% compared to the five-day average, which may indicate waning interest despite the recent price uptick.
In the broader market context, the stock's short-term performance over the past week has been positive, with a return of 3.40%, significantly outperforming the Sensex, which has gained only 1.58% during the same period. However, the stock's year-to-date performance remains concerning compared to the benchmark, which has risen by 6.82%. This contrast highlights that while there may be a temporary rebound in price, the overall trend for Cochin Malabar Estates & Industries Ltd is still negative when viewed over a longer timeframe.