Why is Global Education falling/rising?

As of 28-Jul, Global Education Ltd's stock price is rising, currently at 68.31, reflecting an increase of 1.83 or 2.75%. The stock has shown strong performance today, outperforming its sector by 4.92%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. Over the past week and month, the stock has gained 7.42% and 7.86%, respectively, while it has generated a modest return of 1.49% over the past year. Despite a decline in profits by 17.2% during this period, the company maintains a high return on equity (ROE) of 32.80% and a low debt-to-equity ratio, contributing to its attractive valuation and market-beating performance in both the long and near term. In the broader market context, while Global Education's recent short-term returns have been positive, the benchmark Sensex has experienced a decline of 1.63% over the past week and 3.73% over the past month. This contrast highlights the stock's resilience and strength relative to the broader market trends. The company's majority shareholders are promoters, which may instill confidence among investors. Overall, the stock's ability to outperform the sector and maintain strong management efficiency has contributed to its rising price, even amidst challenges in profit generation.