Why is NIIT Learning falling/rising?

As of 03-Sep, NIIT Learning Systems Ltd is currently priced at 334.25, reflecting a slight increase of 0.25 (0.07%). The stock has shown a positive trend recently, gaining 2.66% over the past week and 6.42% over the past month. However, it has underperformed its sector by 0.55% today, and there has been a notable decline in investor participation, with delivery volume dropping by 50.97% against the 5-day average. Despite a significant year-to-date decline of 25.47%, the company maintains a high management efficiency with a return on equity (ROE) of 20.84%, a low debt-to-equity ratio, and attractive valuation metrics, which may support its recent price stability.
In the broader market context, while the Sensex has decreased by 0.27% over the past week, NIIT Learning's performance has been more favorable, indicating a relative strength against the benchmark. The stock's ability to maintain a higher performance over the short term, despite its long-term struggles, suggests that institutional investors, who hold 39.65% of the stock, may have confidence in its fundamentals. This institutional backing could provide a buffer against broader market volatility, although the stock's significant year-on-year decline of 34.62% remains a concern.