Why is Veranda Learning falling/rising?

As of 14-Jul, Veranda Learning Solutions Ltd is experiencing a price increase, currently at 255.95, reflecting a rise of 13.9 or 5.74%. The stock has shown strong performance today, outperforming its sector by 6.76%, and reached an intraday high of Rs 257.2, marking a 6.26% increase. Over the past week, the stock has gained 8.45%, and over the past month, it has surged by 29.92%. However, despite this recent uptick, the company faces significant challenges, including a high debt-equity ratio of 17.36 times, indicating weak long-term fundamental strength. Additionally, the company's operating profit has declined at an annual rate of 21.32% over the last five years, and it has reported negative operating profits, which raises concerns about its ability to service debt.
In the broader market context, while Veranda Learning has outperformed the Sensex in the short term, with a 1-week return of 8.45% compared to the Sensex's decline of 1.42%, it has underperformed over the past year, with a return of -11.74% against the Sensex's increase of 2.15%. The stock's liquidity appears adequate for trading, but a notable decline in delivery volume by 26.77% against the 5-day average suggests falling investor participation. Furthermore, the high percentage of pledged promoter shares, at 36.23%, could exert additional downward pressure in adverse market conditions, indicating that while the stock is currently rising, it remains in a precarious position due to its underlying financial issues.