Why is IEC Education falling/rising?

As of 12-Nov, IEC Education Ltd's stock price is currently at 28.47, reflecting a decrease of 0.58, or 2.0%. The stock has been on a downward trend, having fallen consecutively for the last 21 days, resulting in a significant decline of 34.37% over that period. Today's performance indicates that it has underperformed its sector by 4.39%. Additionally, while the stock is trading above its 100-day and 200-day moving averages, it is below its 5-day, 20-day, and 50-day moving averages. The delivery volume has also decreased sharply, falling by 48.57% compared to the 5-day average, indicating a decline in investor participation.
Broader market context shows that the Sensex has gained 1.21% over the past week, contrasting sharply with IEC Education's decline of 9.53% during the same period. The stock's year-to-date performance is down 13.88%, while the benchmark has risen by 8.10%. This underperformance relative to the market and sector, combined with falling investor interest, suggests that the stock is facing significant challenges, contributing to its recent price decline.