Why is Aban Offshore falling/rising?

As of 26-Sep, Aban Offshore Ltd's stock is currently priced at 42.44, reflecting a decrease of 0.6 or 1.39%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 5.52% during this period. Over the past week, the stock has decreased by 3.92%, and it has shown a significant decline of 12.48% over the past month. The company's performance is further highlighted by its negative long-term fundamentals, including a negative book value and a high debt-to-equity ratio, which contribute to its weak growth prospects. Additionally, institutional investors have reduced their stakes, indicating a lack of confidence in the company's future performance.
In the broader market context, Aban Offshore's recent performance contrasts with the Sensex, which has only declined by 2.66% over the same week. This underperformance is evident as the stock has generated a staggering -45.00% return over the past year, while the Sensex has increased by 2.93% year-to-date. The stock's liquidity remains adequate for trading, but the overall negative sentiment surrounding its financial health and declining investor participation suggests a challenging environment for recovery.