Why is CL Educate falling/rising?

As of 10-Jun, CL Educate Ltd's stock price is rising, currently at 100.00, reflecting an increase of 5.48 (5.8%). The stock has been gaining momentum, having outperformed its sector by 4.98% today and achieving a consecutive gain over the last four days with a total return of 12.18% during this period. Additionally, the stock has shown strong performance over the past week and month, with returns of 11.11% and 22.76%, respectively. Despite a year-to-date decline of 14.20%, the stock's technical indicators suggest a mildly bullish trend, supported by rising investor participation and a low debt-to-equity ratio of 0.02 times. However, the company faces challenges, including poor management efficiency indicated by a low return on equity of 3.73% and negative results in the last two quarters, which may temper investor enthusiasm.
In the broader market context, CL Educate's recent performance has significantly outpaced the benchmark Sensex, which has only returned 2.05% over the past week and 3.70% over the past month. While the stock has generated a return of 21.39% over the last year, it is important to note that its profitability has declined sharply, with profits falling by 98%. The high proportion of pledged promoter shares, now at 48.91%, could exert downward pressure in adverse market conditions. Overall, while the stock is currently rising, its long-term growth prospects remain uncertain due to underlying financial weaknesses.