Why is CL Educate falling/rising?

As of 01-Jul, CL Educate Ltd's stock price is currently at 95.50, reflecting an increase of 1.89 or 2.02%. The stock has been on an upward trend, gaining for the last three days and achieving a total return of 7.9% during this period. It opened with a gain of 2.44% today and reached an intraday high of Rs 96.88, indicating strong investor interest. Despite a year-to-date decline of 18.06%, the stock has outperformed the sector by 1.62% today and has generated a return of 13.58% over the past year, which is significantly higher than the market's average return of 3.20%. However, the company faces challenges, including low profitability as indicated by a Return on Equity (ROE) of 3.73% and negative results in the last two quarters, which could weigh on investor sentiment.
In the broader market context, CL Educate's recent performance has outpaced the benchmark Sensex, which has only increased by 2.00% over the past week. The stock's short-term return of 7.09% over the past week also exceeds the benchmark's performance, suggesting a positive sentiment among investors despite the company's underlying financial difficulties. The rising investor participation, as evidenced by a significant increase in delivery volume, may indicate growing confidence in the stock, although the high percentage of pledged promoter shares could pose risks in a volatile market. Overall, while the stock is currently rising, its long-term growth prospects remain uncertain due to poor management efficiency and declining profitability.