Why is Global Offshore falling/rising?

As of 30-Jul, Global Offshore Services Ltd is experiencing a price increase, currently at 83.54, reflecting a rise of 1.54 or 1.88%. Today's price summary indicates that the stock has outperformed its sector by 2.09% and has shown a trend reversal after two consecutive days of decline. Although it opened with a loss of 2.4%, it reached an intraday high of Rs 84.7, demonstrating volatility within the trading day. However, the stock's long-term fundamentals remain weak, with a poor average Return on Capital Employed (ROCE) of 0% and a significant decline in net sales over the past five years. This combination of short-term gains and long-term weaknesses contributes to a complex outlook for the stock.
In the broader market context, the stock's recent performance shows a decline of 1.54% over the past week, which is slightly worse than the benchmark Sensex's decline of 1.50%. Over the past month, Global Offshore has fallen by 4.09%, compared to a 2.54% drop in the Sensex, indicating underperformance relative to the market. Despite the recent uptick in price, the stock's year-to-date performance is notably poor, down 26.17%, contrasting sharply with the Sensex's gain of 4.28%. This disparity highlights the stock's ongoing struggles in a generally more favorable market environment, further emphasizing the risks associated with its weak fundamentals.