Why is IEC Education falling/rising?

As of 23-Sep, IEC Education Ltd's stock price is currently at Rs 31.64, reflecting an increase of Rs 1.5 or 4.98%. The stock has been on a positive trajectory, gaining for the last five consecutive days and achieving a remarkable 39.51% return over the past week. It opened today with a gain of 4.51% and reached an intraday high of Rs 31.64. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. However, there has been a significant drop in investor participation, with delivery volume falling by 86.01% compared to the 5-day average, which may suggest a potential concern regarding sustainability of this price movement.
In the broader market context, IEC Education's recent performance stands in stark contrast to the Sensex, which has seen a slight decline of 0.34% over the past week. While the stock has outperformed the sector by 6.25% today, its year-to-date performance shows a decline of 4.30%, compared to the Sensex's increase of 5.07%. This disparity highlights the stock's volatility and potential for rapid gains, but also raises questions about its long-term stability in a market that is not currently favoring it. Overall, the strong short-term performance against a backdrop of broader market challenges suggests that while the stock is rising now, it may face headwinds if investor interest does not recover.