Why is Goblin India falling/rising?

As of 19-Aug, Goblin India Ltd's stock price is currently at Rs 21.47, reflecting an increase of Rs 1.67, or 8.43%. The stock has shown significant volatility today, with an intraday high of Rs 21.94 and a low of Rs 18.5, indicating a wide trading range of Rs 3.44. Despite opening down by 6.57%, the stock has outperformed its sector by 7.22%. Over the past week, Goblin India has experienced a remarkable return of +26.29%, contrasting sharply with the Sensex's modest gain of +1.76%. However, the stock's year-to-date performance remains negative at -31.84%, while the Sensex has gained 4.49% during the same period. Notably, there has been a significant increase in investor participation, with delivery volume rising by 975% against the 5-day average, suggesting growing interest despite recent erratic trading patterns.
Broader Market Context: In the context of the broader market, Goblin India's recent performance stands out, particularly in the short term, where it has significantly outperformed the Sensex over the past week. This positive momentum may be attributed to the rising investor participation and the stock's ability to recover from its earlier losses today. However, the stock's longer-term performance remains concerning, with substantial declines over the past year and three years compared to the benchmark's gains. The high volatility observed today, along with the stock trading above its shorter-term moving averages but below the 200-day moving average, indicates a mixed outlook, reflecting both potential recovery and ongoing challenges.