Why is IEC Education falling/rising?

As of 24-Sep, IEC Education Ltd's stock price is currently at Rs 33.22, reflecting an increase of Rs 1.58 or 4.99%. The stock has shown strong performance recently, gaining 46.47% over the last six days and outperforming its sector by 6.28% today. It opened with a gain of 4.99% and reached an intraday high of Rs 33.22. Additionally, the stock has consistently traded above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a notable decline in investor participation, with delivery volume dropping by 44.28% compared to the 5-day average, indicating a potential concern for future trading activity.
In the broader market context, IEC Education's performance over the past week has been exceptional, with a return of 33.57%, while the Sensex has decreased by 1.18%. Over the past month, the stock has increased by 70.45%, significantly outpacing the Sensex's modest gain of 0.50%. Year-to-date, IEC Education has shown a slight increase of 0.48%, contrasting with the Sensex's 4.58% rise. The stock's remarkable one-year return of 256.82% further highlights its strong performance relative to the broader market, which has declined by 3.77% during the same period.