Why is Veranda Learning falling/rising?

As of 23-Oct, Veranda Learning Solutions Ltd is experiencing a decline in its stock price, currently at Rs 233.80, which reflects a decrease of Rs 4.6 or 1.93%. Today's price summary indicates that the stock has underperformed its sector by 0.71% and has fallen after two consecutive days of gains. Despite touching an intraday high of Rs 243.5, the stock's performance over the past week shows a modest increase of 1.67%, but it has significantly underperformed over the longer term, with a year-to-date return of -1.58% and a one-year return of -15.58%. The company has reported positive results for the last six months, including a higher profit after tax and record net sales, but these positives are overshadowed by weak long-term fundamentals, including a poor return on capital employed and a high debt-to-EBITDA ratio, which raise concerns about its financial health.
In the broader market context, while Veranda Learning's short-term performance has been slightly better than the benchmark Sensex over the past week, it has lagged significantly over longer periods, including a three-year return of -30.57% compared to the Sensex's 42.57%. The stock's high proportion of pledged promoter shares, which has increased recently, adds to the downward pressure in a falling market, indicating a lack of confidence among major stakeholders. Overall, the combination of weak long-term growth prospects, negative operating profits, and increased risk factors contributes to the stock's current decline, despite some recent positive financial results.