Why is IEC Education falling/rising?

As of 30-Sep, IEC Education Ltd's stock price is currently at Rs 36.52, reflecting an increase of Rs 1.73 or 4.97%. The stock has shown strong performance recently, gaining 10.2% over the last two days and outperforming its sector by 4.78% today. It opened with a gain of 4.97% and has maintained this price throughout the trading session. Additionally, the stock has demonstrated impressive returns over various periods, including a 73.33% increase over the past month and a remarkable 263.38% rise over the past year. However, there has been a decline in investor participation, with delivery volume falling by 24.78% compared to the five-day average, which may indicate a potential concern regarding sustained interest in the stock.
Broader Market Context: In comparison to the benchmark Sensex, which has decreased by 2.23% over the past week, IEC Education's stock has significantly outperformed with a 15.42% increase. This trend of outperformance is consistent over the past month and year, where the stock has outpaced the benchmark returns considerably. While the broader market has shown a modest gain of 0.57% over the past month and a decline of 4.78% over the past year, IEC Education's strong upward trajectory highlights its resilience and attractiveness to investors amidst a challenging market environment.