Why is COSCO (India) falling/rising?

As of 30-Jun, COSCO (India) Ltd is currently priced at 259.30, reflecting a rise of 1.3 (0.5%). The stock has been gaining for the last two days, with a total return of 2.11% during this period. However, it has underperformed in the longer term, with a year-to-date decline of 22.60% and a one-year return of -19.47%. The stock's performance today included an intraday high of Rs 264.9, but it also experienced a low of Rs 249.95. Despite the recent gains, the stock is trading below its moving averages and has seen a significant drop in investor participation, with delivery volume falling by 90.94% compared to the five-day average. The company's weak fundamentals, including a high Debt to EBITDA ratio and a significant decline in profits, contribute to a negative outlook.
In the broader market context, COSCO (India) has underperformed the benchmark Sensex, which has gained 2.09% over the past week and 7.00% year-to-date. While the stock has outperformed its sector by 1.05% today, its long-term performance remains concerning, particularly given the negative returns over the past year compared to the market's positive growth. The company's weak operating profit growth and low return on equity indicate challenges in profitability, further exacerbating its struggle to attract investor confidence amidst a generally rising market.