Why is Duke Offshore falling/rising?

As of 03-Nov, Duke Offshore Ltd's stock price is currently at Rs 17.97, reflecting an increase of Rs 2.99 or 19.96%. Despite opening the day with a loss of 5.14%, the stock reached an intraday high of Rs 17.97, indicating significant volatility with an intraday range of Rs 3.76. Over the past week, the stock has shown a strong performance, rising by 17.30%, while its one-month return stands at 22.33%. However, it is important to note that there has been a substantial decline in investor participation, with delivery volume dropping by 86.03% compared to the five-day average, which may indicate a lack of sustained interest despite the recent price increase.
Broader Market Context: In comparison to the benchmark Sensex, which has declined by 0.94% over the past week, Duke Offshore's performance has significantly outpaced the market. The stock has outperformed its sector by 19.62% today, suggesting a strong relative strength. However, the year-to-date return of 2.74% is lower than the Sensex's 7.47%, and the one-year performance shows a decline of 21.87% compared to the benchmark's increase of 5.34%. This context highlights that while Duke Offshore is experiencing a short-term rally, its longer-term performance remains challenged relative to the broader market.