Why is Global Education falling/rising?

As of 03-Nov, Global Education Ltd's stock price is currently at 72.35, reflecting an increase of 1.7 or 2.41%. The stock has shown strong performance recently, with a 1-week return of +13.54%, significantly outperforming the Sensex, which declined by 0.78%. Additionally, the stock is trading above all its moving averages, indicating positive momentum. However, there has been a decline in investor participation, with delivery volume falling by 6.37% against the 5-day average. Despite a negative return of -2.30% over the past year and a significant profit drop of -22.4%, the company maintains a high return on equity (ROE) of 31.15% and a low debt-to-equity ratio, suggesting strong management efficiency and fair valuation compared to peers.
In the broader market context, while Global Education's recent performance has been strong, its year-to-date return of +1.33% lags behind the Sensex's +8.96%. The stock's ability to outperform the sector today by 1.57% indicates a positive sentiment among investors, despite the overall market trends. The stock's long-term performance shows a stark contrast, with a 3-year decline of -22.74% compared to the Sensex's +42.71%, highlighting the challenges the company has faced. Overall, the recent rise in stock price can be attributed to its strong short-term performance and management efficiency, even as it grapples with longer-term profitability issues.