Why is Cochin Minerals falling/rising?

As of 10-Nov, Cochin Minerals & Rutile Ltd is experiencing a decline in its stock price, currently at Rs 273.00, which represents a decrease of Rs 11.2 or 3.94%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 7.55% over the past week. 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 181.83% against the 5-day average, the overall performance remains weak, with a significant drop of 31.37% over the past year compared to a modest 5.09% gain in the benchmark index.
In the broader market context, Cochin Minerals has underperformed relative to the Sensex, which has seen a slight decline of only 0.53% over the past week. While the stock's year-to-date performance shows a decline of 2.74%, the Sensex has gained 6.91% during the same period, highlighting a stark contrast in performance. The stock's recent struggles are compounded by its significant underperformance compared to the benchmark, suggesting that investor sentiment may be negatively impacted, leading to the current price decline.