Why is COSCO (India) falling/rising?

As of 02-Jul, COSCO (India) Ltd is currently priced at 248.10, reflecting an increase of 1.15 or 0.47%. Despite this slight uptick, the stock has underperformed its sector by 1.08% today. The stock reached an intraday high of Rs 258.8, indicating a potential for growth, but it is trading below all key moving averages, suggesting a bearish trend. Over the past week, COSCO has seen a decline of 2.69%, and its year-to-date performance shows a significant drop of 25.94%. The company's return on capital employed (ROCE) stands at 4.9, indicating an attractive valuation, but its profits have plummeted by 75.6% over the past year, contributing to the stock's negative performance.
Broader market context reveals that while the Sensex has gained 0.79% over the past week, COSCO's performance has been notably poor, with a year-to-date decline of 25.94% compared to the Sensex's 6.75% increase. This stark contrast highlights the stock's struggles in the current market environment. Additionally, the company faces long-term fundamental weaknesses, including a high debt-to-EBITDA ratio of 6.11 times and a negative trend in operating profits, which has led to a lack of investor confidence. Despite some positive indicators, such as rising delivery volumes, the overall sentiment remains cautious due to the company's substantial losses and underperformance relative to broader market indices.