Why is COSCO (India) falling/rising?

As of 17-Nov, COSCO (India) Ltd is experiencing a decline in its stock price, currently at Rs 230.55, which reflects a decrease of Rs 11.2 or 4.63%. The stock has been underperforming, having lost 5.86% over the last three days and opened with a significant gap down of 8.91% today, reaching an intraday low of Rs 220.2. Additionally, COSCO (India) has shown negative returns over various periods, including a year-to-date decline of 31.18% and a one-year drop of 30.76%, while it has consistently traded below its moving averages across multiple time frames. There is a noted increase in investor participation, with delivery volume rising by 20.3% against the five-day average, but this has not been sufficient to counteract the stock's downward trend.
In the broader market context, COSCO (India) has significantly underperformed compared to the Sensex, which has gained 1.69% over the past week and 8.72% year-to-date. The stock's recent performance contrasts sharply with the benchmark, highlighting its struggles in a generally positive market environment. The lack of available positive factors further emphasizes the challenges faced by COSCO (India), as it continues to see declines while the broader market trends upward.