Why is Global Offshore falling/rising?

As of 24-Jun, Global Offshore Services Ltd's stock price is currently at 89.80, reflecting an increase of 1.8, or 2.05%. The stock has shown a trend reversal, gaining after four consecutive days of decline, and opened with a notable gain of 6.25% today, reaching an intraday high of Rs 93.5. Despite this positive movement, the stock has underperformed in the short term, with a 1-week return of -6.44%, although it has generated a strong 43.15% return over the past year, significantly outperforming the broader market's return of 2.98%. However, the decrease in promoter holding to 30.46% raises concerns about long-term confidence in the company, while weak long-term fundamentals, including a negative Return on Capital Employed (ROCE) and declining net sales, suggest potential risks that could impact future performance.
In the broader market context, while Global Offshore's recent performance has been strong, it is important to note that the stock's 1-week return contrasts sharply with the Sensex, which has gained 0.58% during the same period. This indicates that, despite today's positive movement, the stock has faced challenges in the short term compared to the benchmark. The liquidity of the stock remains adequate for trading, but the high Debt to EBITDA ratio and negative operating profits signal underlying financial risks that could affect investor sentiment moving forward. Overall, while the stock is currently rising, the mixed signals from its performance metrics and fundamental weaknesses suggest a cautious outlook.