Why is John Cockerill falling/rising?

As of 11-Jul, John Cockerill India Ltd's stock price is currently at Rs 4,093.00, reflecting a decline of Rs 49.95 or 1.21%. The stock has experienced a trend reversal, falling after five consecutive days of gains. Despite this recent drop, the stock has shown strong performance over the past week and month, with returns of +17.68% and +12.52%, respectively. However, the company has reported negative results for the last five consecutive quarters, including significant operating losses and a weak ability to service its debt, which has contributed to its overall negative performance of -31.77% over the past year. The lack of domestic mutual fund investment further indicates a lack of confidence in the company's long-term prospects.
In the broader market context, while the stock has outperformed the Sensex in the short term, the overall market has generated positive returns of +5.58% year-to-date, contrasting with John Cockerill's decline of -2.55% in the same period. This underperformance highlights the stock's struggles compared to the benchmark, particularly given its negative EBITDA and low profitability metrics. The stock's liquidity appears sufficient for trading, but the ongoing operational challenges and negative financial indicators suggest that investor sentiment remains cautious, leading to the current price decline.