Why is Global Offshore falling/rising?

As of 01-Oct, Global Offshore Services Ltd is experiencing a price increase, currently at Rs 84.89, reflecting a rise of 1.72 or 2.07%. The stock has shown strong performance recently, with a consecutive gain over the last two days resulting in an 8.83% return during this period. It opened with a significant gain of 5.09% today and reached an intraday high of Rs 87.4. Additionally, the stock has outperformed its sector by 1.75%. However, despite these short-term gains, the company faces challenges, including operating losses and a weak long-term fundamental strength, as indicated by a decline in net sales and operating profit over the past five years. The high debt to EBITDA ratio further complicates its financial stability, contributing to a perception of risk among investors.
In the broader market context, the stock's short-term performance is notably strong, with a 5.51% increase over the past week, contrasting sharply with the Sensex, which has declined by 0.90% during the same period. Over the last month, Global Offshore Services Ltd has achieved a remarkable 17.90% return, while the Sensex has only increased by 0.77%. This divergence highlights the stock's resilience in a challenging market environment, although its year-to-date performance remains negative at -24.98%, compared to the Sensex's positive return of 3.64%. Overall, while the stock is currently rising, its long-term outlook is clouded by significant operational challenges.