Why is Cochin Shipyard falling/rising?

As of 10-Jul, Cochin Shipyard Ltd's stock price is currently at 2,017.60, reflecting a decrease of 19.35 points or 0.95%. The stock's performance today is in line with the sector, although it is experiencing a decline in investor participation, with delivery volume falling by 18.71% compared to the 5-day average. Over the past week, the stock has shown a slight increase of 0.11%, but it has declined by 10.64% over the past month and 26.03% over the past year. Despite these short-term challenges, the company has reported positive results, including a high debtors turnover ratio and record net sales and profit after tax for the quarter, which may provide some support for the stock's valuation.
In the broader market context, the Sensex has seen a slight decline of 0.06% over the past week, while Cochin Shipyard's performance has been relatively stable in comparison. Year-to-date, Cochin Shipyard has outperformed the benchmark with a return of 31.03% against the Sensex's 6.46%. However, the stock's longer-term performance shows a significant increase over three and five years, suggesting strong historical growth despite recent volatility. The company's low debt-to-equity ratio and majority ownership by promoters may also contribute to a perception of stability, which could influence investor sentiment moving forward.