Why is Veranda Learning falling/rising?

As of 24-Oct, Veranda Learning Solutions Ltd is experiencing a price increase, currently at Rs 254.95, which reflects a rise of Rs 19.05 or 8.08%. The stock has shown strong performance today, outperforming its sector by 8.49% and reaching an intraday high of Rs 258.35, marking a 9.52% increase. Over the past week, the stock has gained 11.75%, and over the past month, it has risen by 17.19%. However, despite these short-term gains, the company faces challenges, including a weak long-term fundamental strength characterized by a 0% average Return on Capital Employed (ROCE) and a high Debt to EBITDA ratio of 13.26 times. Additionally, 98.04% of promoter shares are pledged, which could exert downward pressure on the stock in a declining market.
In the broader market context, while the stock has outperformed its sector recently, it has underperformed the benchmark index over the past year, with a return of -6.53% compared to the Sensex's gain of 5.18%. This disparity highlights the stock's volatility and the risks associated with its long-term growth prospects. Despite the recent price increase, the underlying fundamentals suggest caution, as the company has seen a significant decline in profits over the past year, further complicating its outlook in comparison to the broader market performance.