Why is Veranda Learning falling/rising?

As of 05-Sep, Veranda Learning Solutions Ltd is experiencing a price increase, currently at Rs 229.45, reflecting a rise of Rs 17.3 or 8.15%. Today's price summary indicates that the stock has outperformed its sector by 8.14% and has shown a trend reversal after three consecutive days of decline. The stock reached an intraday high of Rs 233.85, demonstrating significant volatility with a wide trading range of Rs 27.4. Despite this positive movement, the stock's performance over the past month shows a decline of 5.63%, and it has underperformed over the past year with a drop of 34.19%. Positive factors contributing to the recent rise include improved PAT and net sales, although the company faces challenges such as a weak long-term growth outlook and a high debt-to-EBITDA ratio.
Broader market context reveals that while Veranda Learning has seen a short-term gain, its one-year performance starkly contrasts with the benchmark, as it has significantly underperformed the market, which recorded a decline of only 1.81%. The stock's recent volatility and positive short-term performance may attract some investor interest; however, the long-term fundamentals remain weak, with a return on capital employed of 0% and negative operating profits. This combination of short-term gains against a backdrop of poor long-term performance suggests that while the stock may be rising temporarily, underlying issues could pose risks for sustained growth.