Why is Seacoast Ship. falling/rising?

As of 05-Jun, Seacoast Shipping Services Ltd is experiencing a decline in its stock price, currently at 2.79, which reflects a decrease of 0.03 or 1.06%. The stock has underperformed its sector by 1.43% today, and its delivery volume has decreased by 2.53% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has dropped by 1.41%, while it has shown a significant decline of 28.46% year-to-date and 33.89% over the past year. Although the company reported positive results for June 24, with a PAT growth of 86.86% and record net sales of Rs 151.47 cr, the lack of declared results in the last six months raises concerns about its long-term fundamental strength. Additionally, the stock is technically in a mildly bearish range, with deteriorating trends and bearish indicators.
In the broader market context, the Sensex has shown a slight decline of 0.23% over the past week, which suggests that the overall market sentiment is relatively stable compared to Seacoast Shipping's performance. However, the stock's consistent underperformance against the benchmark over the last three years, coupled with a significant drop in returns compared to the BSE 500, highlights its ongoing struggles. The stock's performance has been particularly poor, generating returns of -33.89% in the last year, while the benchmark has gained 4.23% year-to-date. This stark contrast further emphasizes the challenges faced by Seacoast Shipping Services Ltd in the current market environment.