Why is NIIT Learning falling/rising?

As of 24-Sep, NIIT Learning Systems Ltd is experiencing a decline in its stock price, currently at 327.10, which reflects a decrease of 1.95 or 0.59%. The stock has underperformed in the short term, with a 1-week return of -2.39% compared to the Sensex's -1.18%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Investor participation has also decreased, with delivery volume falling by 32.97% against the 5-day average. Despite these challenges, the company maintains a high management efficiency with a return on equity (ROE) of 20.84% and a low debt-to-equity ratio, which suggests a stable financial position. However, the stock's performance over the past year has been poor, with a return of -39.07%, despite a slight profit increase of 1.8%.
In the broader market context, NIIT Learning's recent performance contrasts with the Sensex, which has shown a positive return of 4.58% year-to-date. The stock's year-to-date decline of 27.07% further highlights its struggles relative to the benchmark. While high institutional holdings at 39.65% may provide some stability, the overall market sentiment appears to be unfavorable for NIIT Learning, as evidenced by its significant underperformance compared to the broader market indices.