Why is Zee Learn falling/rising?

As of 01-Aug, Zee Learn Ltd's stock price is currently at 10.67, reflecting an increase of 0.25 or 2.4%. The stock has been on an upward trend, gaining for the last four consecutive days and achieving a remarkable 19.62% return during this period. Additionally, Zee Learn has outperformed its sector by 3.51% today. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. Despite generating an 8.32% return over the past year, the company has faced challenges with a significant profit decline of 56.3%. However, its attractive valuation, with a return on capital employed (ROCE) of 11.9 and a lower enterprise value compared to peers, suggests that it is trading at a discount, which may be contributing to the recent price increase.
In the broader market context, Zee Learn's short-term performance has been notably strong, with a 16.61% return over the past week, contrasting sharply with the Sensex, which has declined by 1.06% during the same period. This outperformance highlights the stock's resilience and appeal to investors, especially in light of rising investor participation, as evidenced by a 200.11% increase in delivery volume compared to the 5-day average. While the stock has shown positive momentum, the overall market sentiment reflected by the Sensex's decline suggests that broader economic factors may not be as favorable, yet Zee Learn's specific strengths are allowing it to thrive in this environment.