Why is Quadrant Future falling/rising?

As of 24-Oct, Quadrant Future Tek Ltd is experiencing a decline in its stock price, currently at Rs. 358.65, which reflects a decrease of Rs. 10.6 or 2.87%. The stock has hit a new 52-week low of Rs. 357 today and has underperformed its sector by 2.57%. Over the past week, the stock has fallen by 5.94%, and in the last month, it has decreased by 14.13%. The company's financial performance has been concerning, with net sales and operating profit showing significant declines, and institutional investors have reduced their stakes, indicating a lack of confidence in the company’s future prospects.
In the broader market context, while the Sensex has shown a slight increase of 0.31% over the past week, Quadrant Future's performance starkly contrasts this trend. The stock's recent struggles are compounded by negative operating profits and a poor long-term growth outlook, which have contributed to its falling price. The rising delivery volume suggests some interest from retail investors, but the overall sentiment remains negative due to the company's financial instability and the withdrawal of institutional support.