Why is Cochin Shipyard falling/rising?

As of 09-September, Cochin Shipyard Ltd's stock price is currently at 1,629.55, reflecting a decline of 22.85 points or 1.38%. The stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 21.52% compared to the 5-day average. Over the past week, the stock has decreased by 6.27%, while it has shown a slight decline of 0.80% over the past month. Despite a year-to-date increase of 5.83%, the stock has underperformed over the past year with a decline of 10.48%. However, the company maintains a low debt-to-equity ratio and has reported positive financial results, including a 27.62% growth in net sales for the first nine months.
In the broader market context, the Sensex has increased by 1.18% over the past week and 1.56% over the past month, contrasting with Cochin Shipyard's negative returns during the same periods. This underperformance relative to the benchmark may contribute to the stock's downward movement. Despite the company's strong financial metrics, including a high debtors turnover ratio and significant growth in profit before tax, the current market sentiment appears to be unfavorable, leading to a decline in stock price. The liquidity of the stock remains adequate for trading, but the overall trend suggests a cautious outlook among investors.