Why is Cochin Shipyard falling/rising?

As of 28-Aug, Cochin Shipyard Ltd is experiencing a decline in its stock price, currently at Rs 1,604.80, which reflects a decrease of Rs 36.8 or 2.24%. The stock has been on a downward trend, losing value for the last five consecutive days, resulting in a total drop of 6.4% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. The stock's performance over the past week shows a decline of 6.02%, while over the past month, it has fallen by 8.51%. Despite positive financial indicators such as a low debt-to-equity ratio and significant growth in net sales and profit before tax, the stock's recent performance has been negatively impacted by falling investor participation, as evidenced by a decrease in delivery volume.
In the broader market context, Cochin Shipyard's short-term performance has outpaced the benchmark Sensex, which has declined by 2.34% over the same week. However, the stock's year-to-date return of 4.22% is still favorable compared to the Sensex's 2.48%. The overall market sentiment appears to be cautious, as reflected in the stock's consecutive losses and lower trading volumes. While the company has shown strong financial growth in recent months, the current market dynamics and investor behavior are contributing to the stock's downward movement.