Why is Veranda Learning falling/rising?

As of 30-Jun, Veranda Learning Solutions Ltd is currently priced at 198.65, reflecting an increase of 2.0, or 1.02%. The stock has shown a consecutive gain over the last two days, rising by 1.09% during this period. However, it has underperformed its sector by 1.45%. In terms of longer-term performance, the stock has declined by 4.27% over the past month and has a year-to-date drop of 16.38%. The company is facing significant challenges, including a high debt-equity ratio of 17.36 times, poor long-term growth with an operating profit decline of 21.32% over the last five years, and a negative operating profit trend. Additionally, 36.23% of promoter shares are pledged, which could exert downward pressure on the stock in a falling market.
Broader market context indicates that while the stock has gained 1.56% over the past week, it still lags behind the Sensex, which has increased by 2.09% in the same timeframe. The educational institutions sector has performed well, gaining 2.47%, yet Veranda Learning's performance remains concerning due to its consistent underperformance against benchmarks over the last three years. The stock's liquidity is adequate for trading, but the significant drop in delivery volume suggests a lack of investor confidence. Overall, the combination of high debt, poor profitability, and underperformance relative to the market contributes to a challenging outlook for Veranda Learning Solutions Ltd.