Why is Cochin Shipyard falling/rising?

As of 07-Aug, Cochin Shipyard Ltd's stock price is currently at 1,695.00, reflecting a decrease of 11.2 points or 0.66%. The stock has been experiencing a downward trend, having fallen for the last three consecutive days, resulting in a total decline of 2.62% during this period. The stock's performance over the past week shows a decrease of 4.31%, and over the past month, it has dropped significantly by 17.41%. Despite these recent declines, the company has shown strong performance year-to-date with a gain of 10.08%. Additionally, the company maintains a low debt-to-equity ratio and has reported positive financial results, including the highest net sales and profit after tax in its recent quarterly report, which could provide some support for the stock despite its current price drop.
In the broader market context, the Sensex has also experienced a slight decline of 0.69% over the past week, indicating that the market is facing some challenges. However, Cochin Shipyard's recent performance has been notably worse than the benchmark, particularly in the short term, as it has underperformed the Sensex by a significant margin. The falling investor participation, with a 37.24% drop in delivery volume compared to the five-day average, suggests a lack of confidence among investors, which may be contributing to the stock's decline. Overall, while the company has strong fundamentals, the recent price movement reflects broader market pressures and investor sentiment that may be weighing on its stock performance.