Why is Global Offshore falling/rising?

As of 26-Aug, Global Offshore Services Ltd is experiencing a decline in its stock price, currently at Rs. 70.00, which reflects a decrease of Rs. 0.17 or 0.24%. The stock has hit a new 52-week low of Rs. 69.7 today and has been on a consecutive downward trend for the last four days, resulting in a total drop of 5.9% during this period. Over the past week, the stock has underperformed with a return of -2.78%, and its performance over the last month shows a significant decline of -16.17%. The company has been facing operational challenges, highlighted by poor long-term growth metrics, including a net sales decline of -23.51% and an alarming operating profit drop of -205.32% over the past five years. Additionally, the company's high debt-to-EBITDA ratio and negative operating profits contribute to its weak long-term fundamental strength, making it a risky investment.
In the broader market context, while the Sensex has shown a minor decline of -1.05% over the past week, Global Offshore's performance has been significantly worse, indicating that it is not only underperforming the market but also struggling to attract investor confidence. The stock's year-to-date performance is particularly concerning, with a staggering drop of -38.14%, contrasting sharply with the Sensex's positive return of +3.39%. This stark difference in performance suggests that investor sentiment towards Global Offshore is negative, compounded by the company's recent financial results, which have shown substantial losses and a lack of profitability. Overall, the combination of operational losses, poor growth prospects, and a declining stock price reflects a challenging environment for Global Offshore Services Ltd.