Why is Goblin India falling/rising?

As of 13-Oct, Goblin India Ltd's stock price is currently at Rs 15.85, reflecting an increase of Rs 2.46 or 18.37%. The stock has shown strong performance today, outperforming its sector by 21.15% and achieving consecutive gains over the last two days with a total return of 19.98%. Despite this positive movement, the stock has had a challenging year, with a year-to-date decline of 49.68% and a one-year drop of 48.44%. The stock has also been highly volatile today, with an intraday volatility of 8.04%. However, there has been a notable decrease in investor participation, as delivery volume has fallen by 38.78% against the five-day average, indicating potential concerns among investors.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 0.66% over the past week, Goblin India Ltd has outperformed significantly with a weekly return of 16.97%. This stark contrast highlights the stock's recent strength despite its longer-term struggles, where it has underperformed the benchmark over one month, year-to-date, and over the past year. The broader market context shows that while the stock is experiencing a short-term rally, it is still facing challenges in maintaining investor confidence and participation, which may affect its sustainability in the longer term.