Why is NIIT Learning falling/rising?

As of 18-Sep, NIIT Learning Systems Ltd is currently priced at 333.00, reflecting a decrease of 2.1 points or 0.63%. The stock has been underperforming, having lost 0.73% over the last two days and is currently trading lower than its 5-day, 100-day, and 200-day moving averages, although it remains above the 20-day and 50-day moving averages. Additionally, the stock has underperformed its sector by 0.6% today, and the delivery volume has significantly decreased by 37.12% compared to the 5-day average, indicating falling investor participation. Despite a year-to-date decline of 25.75% and a one-year return of -35.35%, the company maintains a high return on equity (ROE) of 20.84% and a low debt-to-equity ratio, which suggests strong management efficiency and an attractive valuation relative to its peers.
In the broader market context, the stock's performance over the past week shows a modest gain of 0.30%, while the benchmark Sensex has risen by 1.80% during the same period, indicating that NIIT Learning is lagging behind the market. The stock's high institutional holdings at 39.65% may provide some stability, as these investors typically have better resources to analyze company fundamentals. However, the overall negative sentiment reflected in the stock's recent price movements and declining trading volume suggests that investor confidence may be waning, contributing to its current downward trajectory.