Why is Veranda Learning falling/rising?

As of 08-Jul, Veranda Learning Solutions Ltd is currently priced at 239.00, reflecting an increase of 3.0 (1.27%). The stock has been gaining momentum, having risen 22.82% over the last three days, although it underperformed its sector by 0.58% today. The stock has also shown strong short-term performance, with a 19.05% increase over the past week and a 20.71% increase over the past month. However, 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. Additionally, 36.23% of promoter shares are pledged, which can exert downward pressure on the stock in a declining market.
In the broader market context, while Veranda Learning's recent short-term performance has been strong, it has underperformed the benchmark Sensex, which has only increased by 0.02% over the past week. The stock's year-to-date return of 0.61% is notably lower than the Sensex's 7.13%, indicating that while the stock is experiencing a short-term rise, it still lags behind the overall market performance. The combination of high debt levels, negative operating profits, and underperformance in the long term suggests that the stock's recent gains may not be sustainable without significant improvements in its financial health.