Why is Cochin Shipyard falling/rising?

As of 19-Aug, Cochin Shipyard Ltd's stock price is currently at 1,707.60, reflecting a decrease of 13.8 points or 0.8%. The stock has experienced a trend reversal, falling after five consecutive days of gains. Despite being higher than the 5-day and 200-day moving averages, it is lower than the 20-day, 50-day, and 100-day moving averages. Additionally, there has been a notable decline in investor participation, with delivery volume dropping by 22.68% compared to the 5-day average. Over the past week, the stock has gained 2.38%, contrasting with a significant decline of 8.64% over the past month and a substantial drop of 20.74% over the past year. However, the company maintains a low debt-to-equity ratio and has reported positive financial results, including a 38.51% growth in net sales and a 28.59% increase in profit before tax less other income.
In the broader market context, Cochin Shipyard's recent performance has outpaced the benchmark Sensex over the past week, which has only increased by 1.76%. However, the stock's longer-term performance has been less favorable, with a year-to-date return of 10.90% compared to the Sensex's 4.49%. This indicates that while the stock has shown some resilience in the short term, its overall performance over the past month and year has been disappointing, contributing to the current price decline. The liquidity of the stock remains adequate for trading, but the falling investor participation may signal caution among investors regarding its future performance.