Why is Cochin Minerals falling/rising?

As of 24-Sep, Cochin Minerals & Rutile Ltd is experiencing a decline in its stock price, currently at Rs 291.35, reflecting a decrease of Rs 4.25 or 1.44%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total drop of 3% during this period. Today's performance indicates that it has underperformed its sector by 0.95%. Additionally, the stock is trading below all its moving averages, which suggests a bearish trend. Despite a significant increase in delivery volume by 116.51% against the five-day average, the stock's one-year return stands at -11.23%, indicating poor performance relative to its historical returns and the broader market.
In the broader market context, the stock's short-term performance of -2.53% over the past week contrasts with the Sensex, which has declined by only 1.18%. This underperformance is compounded by the company's weak long-term growth metrics, with net sales growing at an annual rate of just 3.65% over the last five years. The recent negative financial results, including a 68.57% drop in profit before tax and a 45% decline in profit after tax, further contribute to the stock's downward pressure. Although the company has a low debt-to-equity ratio and a fair valuation, these positive factors are overshadowed by its recent financial struggles and overall underperformance compared to the BSE500 index.