Why is John Cockerill falling/rising?

As of 29-Jul, John Cockerill India Ltd's stock price is currently at Rs 4,315.00, reflecting an increase of Rs 60.0 or 1.41%. The stock has shown a trend reversal, gaining after eight consecutive days of decline, and reached an intraday high of Rs 4,360, which is a 2.47% increase. However, despite this recent uptick, the stock has underperformed in the short term, with a 1-week return of -7.29% compared to the Sensex's -1.03%. The company has faced significant challenges, including operating losses and a weak long-term fundamental strength, as evidenced by a negative EBIT to Interest ratio and a return on equity of only 3.04%. Additionally, the company has reported negative results for the last five consecutive quarters, with a substantial decline in net sales and profitability.
Broader Market Context: In the context of the broader market, John Cockerill's stock has underperformed significantly over the past year, with a return of -26.63% compared to the BSE500's decline of only -2.26%. This stark contrast highlights the company's struggles relative to the market. Furthermore, the stock's recent performance today has outperformed its sector by 0.36%, but the overall liquidity appears to be decreasing, with a notable drop in delivery volume. The lack of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence in the company's prospects, further contributing to its volatile price movements.