Why is Cochin Shipyard falling/rising?

As of 30-Jul, Cochin Shipyard Ltd's stock price is currently at 1,786.15, reflecting an increase of 19.85, or 1.12%. The stock has been gaining for the last two days, with a total return of 1.83% during this period. Despite a negative performance over the past week and month, where it fell by 4.49% and 13.50% respectively, the year-to-date return stands at a positive 16.00%. The stock is currently trading above its 100-day and 200-day moving averages, although it is below its 5-day, 20-day, and 50-day moving averages. Additionally, there has been a rise in investor participation, with delivery volume increasing by 4.08% against the 5-day average. The company also maintains a low debt-to-equity ratio and has reported strong financial results, including a record net sales figure and a high debtors turnover ratio.
In the broader market context, Cochin Shipyard's recent performance contrasts with the benchmark Sensex, which has seen a decline of 1.50% over the past week and 2.54% over the past month. While the stock has experienced significant volatility over the past year, with a decline of 33.33%, its long-term performance is impressive, boasting a 972.76% increase over three years. This long-term growth may provide some reassurance to investors, especially in light of the company's strong financial results and the support from majority shareholders, which can positively influence market sentiment.