Why is Goblin India falling/rising?

As of 24-Jun, Goblin India Ltd's stock price is currently at 18.40, reflecting an increase of 0.6 or 3.37%. The stock has outperformed its sector today by 2.29%, although it is higher than the 5-day moving averages but lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Despite this positive movement today, the stock has shown a significant decline over the longer term, with a year-to-date decrease of 41.59% and a one-year decline of 56.46%. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 81.82% compared to the 5-day average, indicating reduced interest in trading the stock.
In the broader market context, Goblin India Ltd's short-term performance over the past week shows a return of +1.66%, which is significantly better than the Sensex's return of +0.58% during the same period. However, the stock's longer-term performance remains concerning, as it has underperformed the benchmark over one month, year-to-date, and one year. The liquidity of the stock is adequate for trading, as it is based on 2% of the 5-day average traded value, but the falling investor participation may hinder future price movements. Overall, while there is a slight uptick in the stock price today, the long-term trends and declining participation suggest ongoing challenges for Goblin India Ltd.