Why is Veranda Learning falling/rising?

As of 04-Jul, Veranda Learning Solutions Ltd's stock price is currently at 227.55, reflecting an increase of 32.95, or 16.93%. The stock has shown a positive trend today, having outperformed its sector by 15.74% and opened with a gain of 2.16%. After two consecutive days of decline, the stock has reversed its trend, reaching an intraday high of Rs 232, which is a 19.22% increase. However, despite this short-term gain, the company faces significant challenges, including a high debt-equity ratio of 17.36 times and negative operating profits, which have contributed to a poor long-term growth outlook. The stock has generated a return of -15.53% over the past year, and 36.23% of promoter shares are pledged, adding to the risk of downward pressure in a falling market.
In the broader market context, the stock's short-term performance over the past week shows a return of +15.71%, contrasting sharply with the Sensex, which has declined by 0.74% during the same period. While Veranda Learning's recent gains are notable, they come against a backdrop of underperformance relative to the benchmark over longer periods, including a -4.21% return year-to-date compared to the Sensex's +6.77%. This disparity highlights the stock's volatility and the potential risks associated with its high debt levels and poor profitability, which may deter long-term investors despite the recent price increase.