Why is Aban Offshore falling/rising?

As of 11-Sep, Aban Offshore Ltd's stock price is currently at 44.75, reflecting an increase of 0.38 or 0.86%. The stock's performance today is in line with its sector, although it is higher than the 5-day moving averages but lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Despite a modest increase today, the stock has shown a negative return of -0.13% over the past week and a significant decline of -29.37% year-to-date. The company's financial health is concerning, with a negative book value and a weak long-term growth outlook, as evidenced by a -16.45% annual decline in net sales over the last five years. Additionally, the stock has seen a drastic drop in investor participation, with delivery volume falling by -81.62% against the 5-day average, indicating waning interest among investors.
In the broader market context, the Sensex has increased by 1.03% over the past week, contrasting with Aban Offshore's slight decline. This underperformance is further highlighted by the stock's returns over the past year, which stand at -42.51%, significantly lagging behind the benchmark's modest gain of 4.36% year-to-date. Institutional investors have also reduced their stake in the company, which may reflect their concerns regarding its financial stability and growth potential. Overall, while the stock has experienced a minor uptick today, the underlying fundamentals and broader market conditions suggest a challenging environment for Aban Offshore.