Why is Global Offshore falling/rising?

As of 19-Sep, Global Offshore Services Ltd is experiencing a decline in its stock price, currently at Rs 73.99, which reflects a decrease of Rs 1.51 or 2.0%. The stock has underperformed its sector by 2.03% today, touching an intraday low of Rs 73, which represents a drop of 3.31%. Over the past week, the stock has fallen by 5.77%, while it has shown a modest increase of 2.76% over the last month. However, the long-term performance is concerning, with a year-to-date decline of 34.61% and a one-year return of -14.15%. The company's financial health is also troubling, as it has reported significant operating losses and a high Debt to EBITDA ratio, indicating a weak ability to service its debt.
In the broader market context, the Sensex has increased by 0.88% over the past week, contrasting sharply with Global Offshore's decline. The stock's performance has been below par not only in the short term but also in the long term, underperforming the BSE500 over the last three years, one year, and three months. This underperformance is compounded by negative financial results, including a substantial drop in profits and sales, which has led to a perception of the stock as risky compared to its historical valuations. Overall, the combination of poor financial fundamentals and declining investor participation is contributing to the stock's downward trajectory.