Why is Cochin Shipyard falling/rising?

As of 25-Aug, Cochin Shipyard Ltd's stock price is currently at 1,683.30, reflecting a decrease of 21.85 points or 1.28%. The stock has been underperforming, having fallen for three consecutive days, resulting in a total decline of 1.82% during this period. Additionally, the stock's performance over the past week shows a decline of 2.21%, while it has decreased by 6.74% over the past month. Although the company has demonstrated positive financial metrics, such as a significant growth in net sales and a high debtors turnover ratio, these factors have not been sufficient to counteract the recent downward trend in stock price. Furthermore, there has been a notable decrease in investor participation, with delivery volume dropping by 32.62% compared to the five-day average.
In the broader market context, Cochin Shipyard's recent performance contrasts with the Sensex, which has gained 0.45% over the past week. This indicates that while the overall market is experiencing a slight uptick, Cochin Shipyard is lagging behind. The stock's returns over the past year have also been disappointing, with a decline of 19.28%, compared to a modest increase of 0.68% for the Sensex. This underperformance relative to the benchmark, coupled with the recent negative momentum and reduced trading activity, suggests that investor sentiment may be cautious, contributing to the stock's current decline.