Why is IEC Education falling/rising?

As of 25-Jun, IEC Education Ltd's stock price is currently at 17.26, showing no change (0.00%). The stock has underperformed its sector by 2.03% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, investor participation has declined significantly, with delivery volume dropping by 50.52% compared to the 5-day average. Over the past week, the stock has decreased by 7.65%, and year-to-date, it has fallen by 47.79%, reflecting a substantial decline in value without any available positive or negative factors to counterbalance this trend.
In the broader market context, the Sensex has shown resilience, gaining 1.61% over the past week and 5.91% year-to-date. This stark contrast highlights the underperformance of IEC Education Ltd, as it has not only lagged behind the benchmark in the short term but also over a longer period, with a year-to-date decline significantly outpacing the market's gains. The lack of positive factors and the notable decrease in trading volume suggest that investor sentiment towards IEC Education is currently negative, contributing to its declining stock performance.