Why is Dolphin Offshore falling/rising?

As of 07-Aug, Dolphin Offshore Enterprises (India) Ltd is experiencing a price increase, currently at Rs 405.90, reflecting a rise of Rs 8.75 or 2.2%. Today's price summary indicates that the stock has gained after five consecutive days of decline, reaching an intraday high of Rs 405.90. Despite this positive movement, the stock has shown a significant decline over the past week and month, with returns of -6.35% and -10.58%, respectively. The stock is currently higher than its 100-day moving average but lower than its 5-day, 20-day, 50-day, and 200-day moving averages. Additionally, there has been a rise in investor participation, with delivery volume increasing by 9.74% against the 5-day average, suggesting a potential shift in sentiment.
In the broader market context, the stock has underperformed relative to the Sensex, which has seen a minor decline of -0.69% over the past week. The year-to-date performance of Dolphin Offshore is notably poor at -29.78%, contrasting sharply with the Sensex's gain of +3.18%. This disparity highlights the challenges the company faces in the current market environment, despite today's positive movement. Overall, while there are signs of a potential trend reversal and increased trading activity, the stock's long-term performance remains concerning compared to the benchmark.