Why is Global Offshore falling/rising?

As of 15-Jul, Global Offshore Services Ltd is currently priced at 85.45, reflecting an increase of 1.45 or 1.73%. The stock has shown a trend reversal by gaining after two consecutive days of decline, and it outperformed its sector by 1.54% today. The stock reached an intraday high of Rs 88, indicating a strong performance within the day. However, despite a notable return of 25.88% over the past year, the company faces challenges such as a decrease in promoter holding to 30.46% and a concerning long-term fundamental strength, highlighted by a negative annual growth rate in net sales of -22.78% over the last five years.
In the broader market context, the stock's short-term performance has been relatively better than the benchmark, with a 1-week return of -0.64% compared to the Sensex's -1.36%. However, over the longer term, the stock has underperformed, with a year-to-date decline of 24.48% against the Sensex's gain of 5.67%. This juxtaposition of short-term gains against long-term struggles, coupled with weak fundamentals and high debt levels, contributes to a complex outlook for investors considering the stock's recent movement.