Why is NIIT Learning falling/rising?

As of 01-Jul, NIIT Learning Systems Ltd is experiencing a decline in its stock price, currently at Rs 331.00, which reflects a decrease of Rs 6.9 or 2.04%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 3.6% during this period. It is also trading close to its 52-week low, just 2.43% above Rs 322.95. Over the past year, the stock has generated a return of -27.28%, significantly underperforming against the benchmark Sensex, which has risen by 5.31% during the same period. Despite a high management efficiency indicated by a return on equity (ROE) of 20.84% and a low debt-to-equity ratio, the stock's long-term growth prospects appear poor, with net sales and operating profit growth rates of only 10.20% and 9.13%, respectively, over the last five years.
In the broader market context, the stock's short-term performance has been notably weaker compared to the Sensex, which has gained 2.00% over the past week while NIIT Learning has declined by 1.65%. This consistent underperformance against the benchmark over the last three years, coupled with a significant drop in profit before tax (PBT) and the lowest return on capital employed (ROCE) at 25.77%, raises concerns among investors. Although there is rising investor participation with increased delivery volume, the overall sentiment remains negative due to the stock's inability to capitalize on its attractive valuation and high institutional holdings, which typically indicate confidence in a company's fundamentals.