Why is Goblin India falling/rising?

As of 09-Oct, Goblin India Ltd is experiencing a decline in its stock price, currently at Rs. 13.21, which reflects a decrease of Rs. 1.21 or 8.39%. The stock has hit a new 52-week and all-time low today, and despite opening with a gain of 2.98%, it has since fallen significantly, reaching an intraday low of Rs. 13. The stock has underperformed its sector by 8.21% today, and its performance over the past week, month, and year shows substantial declines of 6.38%, 24.90%, and 60.74%, respectively. Additionally, Goblin India is trading below all its moving averages, indicating a bearish trend, and there has been a notable drop in investor participation, with delivery volume falling by 90.38% against the 5-day average.
In the broader market context, while the Sensex has shown a positive return of 1.47% over the past week, Goblin India’s performance starkly contrasts this trend, highlighting its struggles. The stock's year-to-date return of -58.06% further emphasizes its underperformance compared to the benchmark, which has gained 5.16% in the same period. The high volatility observed today, with an intraday volatility of 6.6%, suggests that investor sentiment is unstable, contributing to the stock's downward movement. Overall, the combination of poor performance metrics, low investor interest, and a lack of positive factors has led to the current decline in Goblin India's stock price.