Why is COSCO (India) falling/rising?

As of 18-Aug, COSCO (India) Ltd is experiencing a slight increase in its stock price, currently at 235.35, reflecting a change of 0.65 or 0.28% upward. The stock has outperformed its sector today by 1.05% and has shown a consecutive gain over the last two days, rising by 2.55% during this period. However, despite this recent uptick, the stock has underperformed over the past month with a decline of 4.72% and a significant year-to-date drop of 29.75%. The stock is trading at a discount compared to its peers, but it has faced challenges such as a high Debt to EBITDA ratio and a negative growth trend in operating profits over the last five years, which contribute to its weak long-term fundamental strength.
In the broader market context, COSCO (India) has outperformed the Sensex in the short term, with a 1-week return of 2.73% compared to the benchmark's 0.83%. However, the stock's long-term performance remains concerning, as it has generated a return of -28.44% over the past year, significantly underperforming the BSE500 index. The falling investor participation, indicated by a 52.16% drop in delivery volume, suggests a lack of confidence among investors, which could hinder any sustained recovery despite the recent price increase. Overall, while there are some positive indicators in the short term, the long-term outlook remains bleak due to fundamental weaknesses and poor profitability metrics.