Why is IEC Education falling/rising?

As of 19-Sep, IEC Education Ltd's stock price is currently at Rs 28.71, reflecting an increase of 1.36 (4.97%). The stock has been on a positive trajectory, gaining for the last three days and achieving a remarkable 26.59% return during this period. It opened with a gain of 4.97% today and reached an intraday high of Rs 28.71. Additionally, the stock has outperformed its sector by 5.28%. Over the past week, it has shown a substantial return of 38.43%, and over the last month, it has increased by 50.16%. However, there has been a decline in investor participation, with delivery volume dropping by 20.89% against the five-day average, indicating a potential concern regarding sustained interest in the stock.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by only 0.88% over the past week, IEC Education's performance stands out significantly. The stock's strong short-term returns highlight its resilience and attractiveness to investors, especially given the broader market's modest gains. While the stock has underperformed year-to-date with a decline of 13.16% compared to the Sensex's increase of 5.74%, its impressive one-year return of 226.62% suggests a strong recovery and growth potential that may be driving current investor interest.