Why is Cochin Shipyard falling/rising?

As of 25-Jul, Cochin Shipyard Ltd's stock price is currently at Rs 1,804.90, reflecting a decrease of Rs 51.55 or 2.78%. The stock has been underperforming, having lost 3.49% over the last two days and showing a significant decline of 15.46% over the past month. Today's performance indicates that it has underperformed its sector by 0.37%. Additionally, the stock's delivery volume has decreased by 31.86% compared to the five-day average, suggesting a drop in investor participation. Despite these challenges, the company has a low debt-to-equity ratio and has reported positive financial results, including the highest net sales and profit after tax in the last quarter, which may provide some support for the stock.
In the broader market context, Cochin Shipyard's short-term performance has been notably worse than the benchmark Sensex, which has only declined by 0.36% over the past week. The shipbuilding sector as a whole has also faced a downturn, falling by 2.59%. While the stock has shown impressive long-term growth over three and five years, its recent performance contrasts sharply with the benchmark and sector trends, indicating that current market conditions are challenging for Cochin Shipyard.