Why is CL Educate falling/rising?

As of 30-Jun, CL Educate Ltd's stock price is currently at 93.61, reflecting an increase of 0.74 or 0.8%. The stock has experienced a consecutive gain over the last two days, rising by 5.76% during this period. However, it has underperformed its sector by 1.67%. In the context of benchmark returns, the stock has shown a 6.37% increase over the past week and a 6.85% increase over the past month, which is significantly higher than the Sensex's respective gains of 2.09% and 2.65%. Despite this positive short-term performance, the company faces challenges such as low management efficiency, indicated by a return on equity (ROE) of only 3.73%, and poor long-term growth metrics, with net sales growing at an annual rate of just 3.12%. Additionally, the company has reported negative results for the last two consecutive quarters, which has contributed to a perception of risk among investors.
Broader Market Context: The stock's recent performance contrasts with its year-to-date return of -19.68%, while the Sensex has gained 7.00% during the same period. The educational institutions sector has seen a gain of 2.47%, indicating a favorable environment for the sector overall. However, the stock's liquidity is adequate, with a delivery volume that remains liquid enough for trading, despite a recent decline in investor participation. The high percentage of pledged promoter shares, which stands at 48.91%, adds to the downward pressure on the stock, particularly in a falling market. Overall, while CL Educate Ltd has shown some short-term gains, the underlying financial challenges and market conditions suggest a cautious outlook for the stock.