Why is Goblin India falling/rising?

As of 23-Oct, Goblin India Ltd's stock price is currently at Rs 14.94, reflecting an increase of Rs 1.0, or 7.17%. Today's performance indicates a trend reversal as the stock has gained after three consecutive days of decline. It opened with a significant gain of 12.63% and reached an intraday high of Rs 15.7. However, despite today's positive movement, the stock has underperformed over the past week, month, year-to-date, and over the last year, with declines of 2.16%, 5.68%, 52.57%, and 59.30%, respectively, compared to the Sensex's positive returns during the same periods. There is a noted decrease in investor participation, with delivery volume falling by 13.79% against the five-day average, which may indicate waning interest despite today's uptick.
Broader Market Context: In the short term, Goblin India Ltd's stock has underperformed compared to the benchmark Sensex, which has gained 1.30% over the past week while Goblin India has seen a decline of 2.16%. This contrast highlights the stock's struggle to maintain momentum despite today's rise. The overall market context suggests that while there may be a temporary rebound, the longer-term performance remains concerning, as evidenced by the significant declines over one year and three years, indicating that broader market conditions may not be favorable for Goblin India Ltd.