Why is IEC Education falling/rising?

As of 08-Jul, IEC Education Ltd's stock price is currently at 16.00, reflecting an increase of 0.31, or 1.98%. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite this uptick, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. The stock has outperformed its sector by 3.89% today, and there has been a significant rise in investor participation, with delivery volume increasing by 233.47% compared to the 5-day average. However, the stock has experienced a substantial decline over the past month, down 21.03%, and a year-to-date drop of 51.60%, despite a remarkable 803.95% increase over the past year.
In the broader market context, the Sensex has shown a slight increase of 0.02% over the past week, while IEC Education's stock has declined by 2.02% during the same period. This indicates that the stock's recent performance is lagging behind the benchmark index. The year-to-date performance further highlights the stock's struggles, as it has underperformed the Sensex, which has gained 7.13% year-to-date. The contrasting performance suggests that while there may be short-term gains, the long-term outlook remains challenging for IEC Education Ltd in comparison to the broader market.