Why is IEC Education falling/rising?

As of 07-Nov, IEC Education Ltd's stock price is currently at 30.24, reflecting a decrease of 0.61, or 1.98%. The stock has been on a downward trend, having underperformed its sector by 2.05% today and experiencing a consecutive fall for the last 20 days, resulting in a significant decline of 35.08% during this period. Additionally, the stock's performance over the past week shows a drop of 7.69%, and it has fallen 31.85% over the past month, while year-to-date returns stand at -8.53%. The stock is currently trading above its 100-day and 200-day moving averages but below its 5-day, 20-day, and 50-day moving averages. Notably, investor participation has decreased, with delivery volume falling by 36.79% against the 5-day average, indicating reduced trading interest.
In the broader market context, the Sensex has shown a relatively stable performance, with a slight decline of 0.86% over the past week and a positive return of 1.57% over the past month. While IEC Education's year-on-year performance is strong at 81.62%, the recent short-term trends highlight a stark contrast to the benchmark's positive trajectory, which has gained 6.50% year-to-date. This divergence suggests that the company's recent struggles are more pronounced compared to the overall market performance, contributing to the stock's decline amidst a generally more favorable market environment.