Why is Navneet Educat. falling/rising?

As of 12-Nov, Navneet Education Ltd is experiencing a decline in its stock price, currently at Rs 148.75, which reflects a decrease of Rs 4.2 or 2.75%. The stock has underperformed its sector today, falling for two consecutive days and recording a total decline of 3.75% during this period. It has also touched an intraday low of Rs 148.25. Despite a rising delivery volume, which increased by 91.66% against the 5-day average, the stock's moving averages indicate a weaker short-term performance compared to longer-term averages. Additionally, while the company has a strong ability to service debt and an attractive valuation, it faces challenges such as poor long-term growth and negative quarterly results, including a significant drop in profit after tax.
In the broader market context, Navneet Education Ltd has underperformed compared to the Sensex, which has gained 1.21% over the past week while the stock has declined by 4.92%. Over the last month, the stock has decreased by 5.32%, contrasting with the Sensex's increase of 2.38%. The recent decrease in institutional investor participation, with a reduction of 0.53% in their stake, may also contribute to the stock's downward pressure, as these investors typically have more resources to analyze the company's fundamentals. Overall, the combination of poor short-term performance, negative financial results, and declining institutional interest appears to be driving the stock's recent decline.