Why is NIIT Learning falling/rising?

As of 29-Aug, NIIT Learning Systems Ltd is currently priced at 329.65, reflecting an increase of 1.9, or 0.58%. The stock has been gaining over the last two days, with a total return of 1.24% during this period. Today, it opened with a gain of 3.13% and reached an intraday high of Rs 338. However, despite this positive movement, the stock has underperformed in the longer term, with a year-to-date decline of 26.50% and a one-year drop of 30.02%. The company benefits from high management efficiency, a low debt-to-equity ratio, and attractive valuation metrics, which may contribute to its recent price stability and slight upward movement.
In the broader market context, the stock has outperformed the sector by 0.65% today, while the benchmark Sensex has declined by 1.84% over the past week and 1.88% over the past month. This indicates that NIIT Learning Systems Ltd is showing relative strength compared to the market. However, the stock's year-to-date performance remains significantly lower than the Sensex's positive return of 2.14%, highlighting the challenges it faces in the current market environment. Additionally, falling investor participation, as indicated by a significant drop in delivery volume, suggests that while the stock may be experiencing short-term gains, broader investor sentiment may still be cautious.