Why is IEC Education falling/rising?

As of 15-Sep, IEC Education Ltd's stock price is currently at Rs 22.70, reflecting an increase of Rs 1.96 or 9.45%. The stock has shown a positive performance today, outperforming its sector by 9.08% and marking a trend reversal after two consecutive days of decline. It reached an intraday high of Rs 22.70, although it also experienced a low of Rs 18.76 during the day, indicating high volatility with an intraday fluctuation of 9.5%. Over the past week, the stock has gained 8.51%, and over the past month, it has increased by 14.07%. However, it is important to note that delivery volume has decreased by 21.55% compared to the 5-day average, suggesting a decline in investor participation. In the broader market context, IEC Education's recent performance stands in contrast to the Sensex, which has only increased by 1.24% over the past week. This indicates that the stock is gaining traction relative to the overall market. Despite a year-to-date decline of 31.34%, the stock has shown remarkable growth over the past year, with a return of 173.49%. The stock's current trading position above its moving averages suggests a bullish trend, although the falling investor participation could pose a risk to sustained growth. Overall, the combination of a strong short-term performance and high volatility contributes to the stock's rising price.