Why is COSCO (India) falling/rising?

As of 30-Oct, COSCO (India) Ltd is experiencing a price increase, currently at Rs 248.10, which reflects a rise of Rs 11.1 or 4.68%. The stock has shown a positive performance today, outperforming its sector by 4.55%, and has gained after two consecutive days of decline. It opened with a significant gain of 5.06% and reached an intraday high of Rs 249. Despite this upward movement, the stock's delivery volume has seen a drastic decline of 99.15% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has increased by 1.12%, but it has underperformed over the longer term, with a year-to-date decline of 25.94% and a one-year drop of 29.76%.
In the broader market context, while COSCO (India) has shown a positive short-term return, the benchmark Sensex has experienced a slight decline of 0.18% over the same week. The stock's performance over the past month has been relatively weak, with a gain of only 0.85% compared to the Sensex's increase of 5.15%. This suggests that while COSCO (India) is currently experiencing a rebound, its overall performance remains significantly below that of the broader market, particularly in the longer term, where it has lagged behind the Sensex's 8.02% year-to-date gain.