Why is NIIT Learning falling/rising?

As of 14-Aug, NIIT Learning Systems Ltd is experiencing a slight decline in its stock price, currently at 328.50, reflecting a decrease of 0.35 or 0.11%. The stock has shown a performance today that outperformed its sector by 1.46%, but it has also experienced a trend reversal, falling after two consecutive days of gains. In terms of returns, the stock has underperformed over the past month and year, with declines of 2.55% and 28.21%, respectively, while its profits have only risen by 1.8%. 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 recent performance may be impacted by falling investor participation, as evidenced by an 81.87% drop in delivery volume compared to the 5-day average.
Broader market context indicates that while NIIT Learning has outperformed the sector today, it has lagged behind the benchmark Sensex over the longer term, with a year-to-date decline of 26.76% compared to a 3.15% increase in the Sensex. This disparity suggests that broader market conditions may not be favorable for the stock, contributing to its recent price movement. The high institutional holdings at 39.65% could provide some stability, as these investors typically have better resources to analyze the company's fundamentals, but the overall market sentiment appears to be weighing on the stock's performance.