Why is NIIT Learning falling/rising?

As of 01-Sep, NIIT Learning Systems Ltd has seen its stock price rise to 333.50, reflecting an increase of 3.85 (1.17%). The stock has been gaining for the last three days, with a total return of 2.43% during this period. However, it has underperformed its sector by 2.16%. Over the past week, the stock has increased by 0.91%, while its performance over the last month shows a gain of 6.18%. Despite a significant decline of 32.35% over the past year, the company maintains a high management efficiency with a return on equity (ROE) of 20.84% and a low debt-to-equity ratio, indicating a stable financial position. The stock is trading at a fair value compared to its peers, which may contribute to its recent upward movement.
In the broader market context, the Sensex has experienced a decline of 1.56% over the past week, suggesting that the overall market sentiment is negative. However, NIIT Learning's recent performance contrasts with this trend, as it has managed to gain while the benchmark has fallen. The IT - Education sector has also seen a gain of 3.27%, which may have positively influenced NIIT Learning's stock price. Despite the positive short-term returns, there is a noted decline in investor participation, with delivery volume falling by 30.67% against the five-day average, which could indicate caution among investors.