Why is CL Educate falling/rising?

As of 04-Sep, CL Educate Ltd is experiencing a decline in its stock price, currently at 110.60, reflecting a decrease of 2.25 or 1.99%. The stock has underperformed its sector today by 0.66%, and its delivery volume has significantly dropped by 58.44% compared to the 5-day average, indicating falling investor participation. While the stock has shown a strong performance over the past month with a return of 25.31%, it has underperformed year-to-date with a decline of 5.11%. The company has also reported negative results for the last three consecutive quarters, with a significant drop in profitability metrics, including a low return on equity of 3.73% and a concerning return on capital employed of 0. These factors contribute to the stock's current downward movement.
In the broader market context, the Sensex has gained 0.80% over the past week, contrasting with CL Educate's decline of 4.37% during the same period. This disparity highlights the stock's weakness relative to the market. Despite the stock's ability to generate a 9.50% return over the past year while the broader market has declined, the high percentage of pledged promoter shares (48.91%) adds pressure in a falling market, further exacerbating the stock's challenges. Overall, the combination of poor management efficiency, declining profitability, and negative market sentiment is contributing to the stock's current downward trajectory.