Why is Quess Corp falling/rising?

As of 08-Oct, Quess Corp Ltd's stock price is currently at Rs. 239.55, reflecting a decrease of Rs. 8.9 or 3.58%. The stock has recently hit a new 52-week low and has been on a downward trend, falling for three consecutive days with a total decline of 6.83%. In the past week, the stock has underperformed significantly, with a return of -6.08% compared to the Sensex's gain of +0.98%. Additionally, the stock's performance over the past year shows a substantial decline of -37.40%, while its profits have only increased by 4.3%. Despite a low debt-to-equity ratio and attractive valuation metrics, the company's long-term growth prospects appear poor, with operating profit declining at an annual rate of -5.44% over the last five years.
In the broader market context, Quess Corp's recent performance contrasts sharply with the benchmark, as it has underperformed the BSE500 across various time frames, including the last three years and one year. While the stock has seen an increase in investor participation, with a notable rise in delivery volume, the overall sentiment remains negative due to its flat results and poor long-term growth indicators. The stock's current trading below all major moving averages further emphasizes its weak position in the market.