Why is Indo Cotspin falling/rising?

As of 08-Sep, Indo Cotspin Ltd is currently priced at 28.56, reflecting a slight increase of 0.06 or 0.21%. However, the stock has underperformed its sector by 0.83% today and is trading below all its moving averages, indicating a bearish trend. The stock has shown significant declines over various periods, with a 1-week return of -2.23%, a 1-month return of -5.65%, and a year-to-date return of -24.84%. The company's weak long-term fundamentals are highlighted by an average Return on Equity (ROE) of just 2.72%, and its ability to service debt is poor, as evidenced by a low EBIT to Interest ratio of 0.02. Furthermore, the stock's valuation appears expensive compared to its peers, trading at a Price to Book Value of 2.8, despite a significant drop in its stock price over the past year.
In the broader market context, the Sensex has shown a positive return of 0.53% over the past week, contrasting sharply with Indo Cotspin's decline. The stock's performance has been particularly weak over the last year, with a return of -68.43%, significantly underperforming the market, which has only declined by -0.49%. This stark difference indicates that investor sentiment towards Indo Cotspin is negative, compounded by a drastic fall in delivery volume, which has decreased by 85.13% against the 5-day average. Overall, the combination of poor financial health, high valuation, and weak market performance contributes to the stock's downward trajectory.