Why is COSCO (India) falling/rising?

As of 08-Jul, COSCO (India) Ltd is experiencing a decline in its stock price, currently at 243.65, which reflects a decrease of 3.15 or 1.28%. The stock has underperformed its sector today by 1.3% and has been on a consecutive downward trend for the last two days, resulting in a total decline of 2.54%. Additionally, COSCO is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The delivery volume has significantly decreased by 83.43% compared to the 5-day average, indicating falling investor participation. Over the past year, the stock has generated a return of -23.90%, while its profits have plummeted by 75.6%. The company also shows weak long-term fundamental strength, with a negative CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 6.11 times.
In the broader market context, COSCO's short-term performance has been notably poor, with a 1-week return of -1.34%, while the Sensex has remained relatively flat with a return of +0.02%. This underperformance is further highlighted by the stock's year-to-date decline of 27.27%, contrasting sharply with the Sensex's gain of 7.13%. The stock's valuation appears attractive with a low enterprise value to capital employed ratio, but the weak financial metrics, including low profitability and significant losses in recent quarters, contribute to the overall negative sentiment surrounding COSCO (India) Ltd.