Why is Aban Offshore falling/rising?

As of 21-Aug, Aban Offshore Ltd's stock price is currently at Rs 45.25, reflecting a decline of Rs 2.07 or 4.37%. The stock has underperformed its sector by 5.01% today and has experienced a trend reversal, falling after two consecutive days of gains. The stock touched an intraday low of Rs 45.25, and the weighted average price indicates that more volume was traded close to this low price. In terms of returns, the stock has seen a significant decline of 11.27% over the past month and 28.58% year-to-date, while its performance over the last year shows a drop of 48.02%. Notably, there has been a rise in investor participation, with delivery volume increasing by 669.23% against the 5-day average, suggesting some interest despite the overall downward trend.
In the broader market context, the Sensex has increased by 1.74% over the past week, contrasting with Aban Offshore's gain of 4.75% in the same period. However, the stock's longer-term performance is concerning, as it has underperformed the benchmark significantly over the past month and year. While the stock is liquid enough for trading, its moving averages indicate that it is currently lower than the 50-day, 100-day, and 200-day moving averages, which may signal bearish sentiment among investors. Overall, the combination of recent price declines, underperformance relative to the sector, and the broader market's positive movement contributes to the stock's current downward trajectory.