Why is Global Offshore falling/rising?

As of 04-Nov, Global Offshore Services Ltd is experiencing a decline in its stock price, currently at Rs 70.54, which represents a decrease of Rs 2.17 or 2.98%. The stock has been underperforming, having lost 3.02% over the last two days and trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has seen a significant drop of 16.10% over the past month and a year-to-date decline of 37.66%, indicating a challenging performance relative to its historical returns. The shipping sector, in which the company operates, has also fallen by 2.18%, contributing to the negative sentiment surrounding the stock. There is no information available regarding positive or negative factors that could influence the stock's movement.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 2.77% over the past month, Global Offshore's performance has been significantly weaker, with a decline of 16.10%. This stark contrast highlights the stock's struggles in the current market environment. While the Sensex has shown a year-to-date gain of 6.81%, Global Offshore's substantial losses reflect broader challenges within the shipping sector and the company's specific operational difficulties.