Why is John Cockerill falling/rising?

As of 24-Jun, John Cockerill India Ltd's stock price is currently at 3,477.05, reflecting a decrease of 73.0 points or 2.06%. The stock has underperformed its sector by 1.34% today and has experienced a trend reversal after two consecutive days of gains. It touched an intraday low of Rs 3,450, indicating a decline of 2.82%. Over the past week, the stock has shown a positive return of 0.92%, and a significant increase of 24.00% over the last month. However, its year-to-date performance remains negative at -17.21%, and it has underperformed the market significantly over the past year with a return of -36.35%. The company's financial health is concerning, with operating losses and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of -2.04. Additionally, the company has reported negative results for the last five consecutive quarters, which has contributed to its declining stock price. In the broader market context, while the stock has shown some short-term gains, it has lagged behind the benchmark Sensex, which has returned 0.58% over the past week and 5.01% year-to-date. The stock's performance is particularly troubling given that domestic mutual funds hold no stake in the company, suggesting a lack of confidence in its future prospects. The company's negative EBITDA and significant decline in profits over the past year further highlight the risks associated with investing in John Cockerill India Ltd. Overall, the combination of weak financial fundamentals, poor recent performance, and lack of institutional support has led to the stock's current downward movement.