Why is NIIT Learning falling/rising?

As of 21-Jul, NIIT Learning Systems Ltd is experiencing a decline in its stock price, currently at Rs 334.50, which represents a decrease of Rs 3.6 or 1.06%. The stock has been underperforming recently, having fallen consecutively for the last three days, resulting in a total decline of 3.07%. It is also trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock is close to its 52-week low, being only 3.45% away from Rs 322.95. Over the past year, the stock has generated a return of -28.59%, while its profits have risen by 9%, indicating a disconnect between stock performance and underlying profitability. Despite a high return on equity (ROE) of 20.84% and attractive valuation metrics, the company has shown poor long-term growth, 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, NIIT Learning's short-term performance has been worse than the benchmark, with a 1-week return of -0.77% compared to the Sensex's -0.06%. This underperformance is compounded by a significant drop in investor participation, as evidenced by a 69.89% decrease in delivery volume against the 5-day average. The stock's liquidity remains adequate for trading, but the overall sentiment appears negative due to its poor long-term growth prospects and recent financial performance, which has led to a lack of confidence among investors. The high institutional holdings at 39.45% suggest that these investors are aware of the company's fundamentals, yet the stock's continued decline indicates broader concerns about its future growth trajectory.