Why is Cochin Shipyard falling/rising?

As of 17-Jul, Cochin Shipyard Ltd's stock price is currently at 1,911.35, reflecting a decrease of 26.55 points or 1.37%. Today's price summary indicates that the stock's performance is in line with its sector, although it is experiencing lower delivery volumes, which have fallen by 35.54% compared to the 5-day average. The stock is trading above its 100-day and 200-day moving averages but below its 5-day, 20-day, and 50-day moving averages. Over the past week, the stock has declined by 5.27%, and it has seen a significant drop of 12.85% over the past month, while its year-to-date performance remains positive at 24.13%. Despite these fluctuations, the company has reported strong financial results, including a high debtors turnover ratio and record net sales and profit after tax for the quarter ending March 25, which could provide some support for the stock.
In the broader market context, Cochin Shipyard's recent performance contrasts with the Sensex, which has only declined by 1.12% over the past week. This suggests that the stock is underperforming relative to the benchmark index. The company's low debt-to-equity ratio and majority ownership by promoters may provide some stability, but the falling investor participation and recent price decline indicate a cautious sentiment among investors. Overall, while the company has shown strong financial metrics, the recent price drop and lower trading volumes suggest that investors are currently wary, contributing to the stock's decline.