Why is Global Offshore falling/rising?

As of 23-Sep, Global Offshore Services Ltd has seen its stock price rise to 79.60, reflecting an increase of 2.11 or 2.72%. The stock has been gaining momentum, with a consecutive gain over the last two days, resulting in an 8.46% return during this period. Today's performance indicates that the stock has outperformed its sector by 3.55%. However, despite these short-term gains, the company faces significant challenges, including operating losses and a weak long-term fundamental strength, as evidenced by a -23.51% annual growth rate in net sales and a troubling debt to EBITDA ratio of -1.00 times. The recent negative financial results, including a PAT of Rs -5.64 cr and a PBDIT of Rs -2.48 cr, further contribute to the stock's risky profile.
In the broader market context, the stock's short-term performance of +5.99% over the past week stands in stark contrast to the Sensex, which has declined by -0.34% during the same period. While Global Offshore has shown resilience in the short term, its long-term performance remains concerning, with a year-to-date decline of -29.65% compared to the Sensex's gain of +5.07%. This divergence highlights the stock's volatility and the potential risks investors face, particularly given its underperformance relative to broader market indices over the last three years and one year.