Why is Veranda Learning falling/rising?

As of 27-Jun, Veranda Learning Solutions Ltd is currently priced at 196.65, reflecting a slight increase of 0.15 (0.08%). The stock has shown a trend reversal today, gaining after two consecutive days of decline. Despite this, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally weak performance. Over the past week, the stock has decreased by 0.71%, and it has underperformed the benchmark Sensex significantly over various periods, including a year-to-date decline of 17.22%. The company faces challenges such as a high debt-equity ratio of 17.36 times and negative operating profits, which contribute to its weak long-term fundamental strength. Additionally, 36.23% of promoter shares are pledged, adding to the stock's risk in a falling market.
Broader Market Context: In contrast to Veranda Learning's performance, the Sensex has increased by 2.00% over the past week and 7.58% year-to-date, highlighting the stock's underperformance relative to the broader market. While the stock has outperformed its sector by 0.26% today, the overall negative sentiment surrounding its high debt levels and poor growth prospects continues to weigh heavily on its price. The significant increase in delivery volume suggests some renewed interest from investors, but the persistent underperformance against the benchmark and the company's financial challenges indicate that the stock remains under pressure in the current market environment.