Why is Veranda Learning falling/rising?

As of 25-Jul, Veranda Learning Solutions Ltd is experiencing a decline in its stock price, currently at 222.05, which represents a decrease of 8.35 or 3.62%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 9.37% during this period. Today's trading opened with a significant loss of 7.96%, and the stock reached an intraday low of Rs 212.05. Over the past week, the stock has decreased by 11.85%, while its performance over the last year shows a substantial drop of 20.15%. The company's high debt levels, indicated by a Debt-Equity Ratio of 17.36 times, and negative operating profits have contributed to its weak long-term fundamental strength, further exacerbating the stock's decline.
In the broader market context, Veranda Learning's recent performance contrasts sharply with the benchmark, as it has underperformed the Sensex, which has only declined by 0.36% over the past week. The stock's poor performance is highlighted by its negative returns over the past year compared to the market's slight negative return of -0.19%. Additionally, the high percentage of pledged promoter shares (36.23%) adds to the stock's risk, particularly in a declining market, putting further downward pressure on its price. Overall, the combination of weak financial fundamentals, high debt, and recent trading patterns has led to the stock's significant decline.