Why is Veranda Learning falling/rising?

As of 18-Jul, Veranda Learning Solutions Ltd is experiencing a decline in its stock price, currently at Rs 251.90, which reflects a decrease of Rs 15.05 or 5.64%. Today's price summary indicates that the stock has underperformed its sector by 6.81%, with an intraday low of Rs 244.15, marking a significant drop of 8.54%. The stock has shown high volatility today, with an intraday volatility of 6.76%, and while it has traded in a wide range of Rs 26.05, the weighted average price suggests that more volume was traded closer to the low price. Over the past week, the stock has gained 4.07%, but its year-to-date return stands at only 6.04%, contrasting with a negative return of 11.65% over the past year, indicating a poor long-term performance.
In the broader market context, while the Sensex has shown a slight gain of 0.38% over the past month, Veranda Learning's performance has been notably weaker, with a 19.92% increase over the same period. However, the company's high debt levels, with a debt-equity ratio of 17.36 times, and negative operating profits have raised concerns about its long-term viability. The stock's risk is further compounded by the fact that 36.23% of promoter shares are pledged, which can exert additional downward pressure in falling markets. Overall, the combination of high debt, poor profit growth, and underperformance relative to the market has contributed to the stock's recent decline.