Why is CL Educate falling/rising?

As of 11-Jul, CL Educate Ltd is experiencing a decline in its stock price, currently at Rs 94.37, reflecting a decrease of Rs 3.73 or 3.8%. Today's price summary indicates that the stock opened lower, with a gap down of 3.16%, and reached an intraday low of Rs 94.37. Despite a significant increase in delivery volume by 371.45% compared to the 5-day average, the stock has underperformed its sector by 3.85%. Over the past week, the stock has shown a modest gain of 2.41%, but it has underperformed over the past month with a decline of 1.78%. The company's financial health is concerning, as it has reported negative results for the last two consecutive quarters, with a significant drop in profit after tax and a low return on equity of 3.73%. Additionally, 48.91% of promoter shares are pledged, which can exert further downward pressure on the stock price in a declining market.
In the broader market context, the Sensex has seen a slight decline of 1.12% over the past week, while CL Educate's performance has been relatively better in that timeframe. However, the stock's year-to-date performance is notably poor, with a decline of 19.03% compared to a 5.58% increase in the Sensex. This disparity highlights the stock's struggles in a generally stable market environment. The company's low profitability, poor management efficiency, and high levels of pledged shares contribute to investor concerns, leading to its current downward trajectory.