Why is COSCO (India) falling/rising?

As of 16-Jul, COSCO (India) Ltd's stock price is currently at 250.00, reflecting an increase of 2.0 (0.81%). The stock has been gaining for the last three days, with a total return of 7.02% during this period, outperforming its sector by 0.36%. However, despite this recent uptick, the stock has experienced a decline of 25.37% year-to-date and a significant drop of 23.83% over the past year, indicating ongoing challenges. The company's return on capital employed (ROCE) stands at 4.9, suggesting an attractive valuation, but it is trading at a discount compared to its peers. Furthermore, the stock's profitability has been concerning, with a 75.6% drop in profits over the past year and a low return on equity of 4.84%, which signifies weak fundamental strength.
In the broader market context, COSCO (India) has outperformed the Sensex in the short term, with a 1-week return of +2.00% compared to the benchmark's -1.08%. However, the stock's long-term performance has been underwhelming, with a negative compound annual growth rate (CAGR) of -1.80% in operating profits over the last five years and a high debt-to-EBITDA ratio of 6.11 times, indicating low ability to service debt. This combination of weak long-term fundamentals and recent negative financial results, including a significant drop in profit after tax, suggests that while there may be short-term gains, the overall outlook for COSCO (India) remains challenging.