Why is Aban Offshore falling/rising?

As of 24-Sep, Aban Offshore Ltd's stock price is currently at Rs 45.61, reflecting an increase of Rs 2.17 or 5.0%. The stock has shown a positive performance today, outperforming its sector by 5.32%, and reached an intraday high of Rs 45.61. However, despite this short-term gain, the stock has experienced a decline of 7.93% over the past month and a significant drop of 28.01% year-to-date. The company is facing challenges, including a negative book value and a weak long-term fundamental strength, as evidenced by a decline in net sales and operating profit over the past five years. Additionally, the high debt levels and falling participation from institutional investors indicate a lack of confidence in the company's long-term prospects.
In the broader market context, the Sensex has shown a slight increase of 0.50% over the past month, contrasting with Aban Offshore's decline during the same period. This suggests that while the stock has gained today, it is still underperforming relative to the benchmark in the short term. The stock's long-term performance has also been poor, with a return of -43.52% over the last year, indicating that the recent rise may not be indicative of a sustainable recovery. Overall, the combination of short-term gains amidst long-term challenges reflects a complex situation for Aban Offshore Ltd in the current market environment.