Why is Veranda Learning falling/rising?

As of 25-Jun, Veranda Learning Solutions Ltd is experiencing a slight decline in its stock price, currently at 197.80, which reflects a decrease of 0.2 (-0.1%). The stock has underperformed significantly, with a 5.83% drop over the past week and a 16.73% decline year-to-date. Today's performance shows that it has underperformed its sector by 3.38%, and it is trading lower than all key moving averages. Additionally, the company is facing challenges such as a high debt-equity ratio of 17.36 times, negative operating profits, and a substantial portion of promoter shares (36.23%) being pledged, which adds to the downward pressure on the stock.
In the broader market context, while the Sensex has shown positive returns of 1.61% over the past week and 5.91% year-to-date, Veranda Learning's consistent underperformance against the benchmark highlights its struggles. The educational institutions sector has gained by 3.29%, further emphasizing Veranda's difficulties in attracting investor interest, as evidenced by a significant drop in delivery volume. The company's weak long-term fundamentals, including a poor growth rate in operating profit and high debt servicing challenges, contribute to its negative outlook in a rising market environment.