Why is Quick Heal Tech falling/rising?

As of 25-Jul, Quick Heal Technologies Ltd is experiencing a decline in its stock price, currently at Rs 322.45, which reflects a decrease of Rs 10.5 or 3.15%. The stock has been underperforming significantly, having fallen consecutively for the last seven days, resulting in a total decline of 18.43% during this period. Despite opening with a gain of 2.1% today and reaching an intraday high of Rs 339.95, it ultimately touched a low of Rs 320. The stock's performance over the past week shows a substantial drop of 13.89%, while its year-to-date return is down by 50.95%. The company's financial health is concerning, with negative growth in net sales and operating profit over the last five years, alongside a negative EBITDA. Additionally, the recent quarterly results indicate a significant loss, further contributing to the stock's downward trend.
In the broader market context, Quick Heal Technologies Ltd has underperformed compared to the Sensex, which has only declined by 0.36% over the past week. The stock's poor performance is compounded by a decrease in institutional investor participation, which fell by 0.92% in the previous quarter, indicating a lack of confidence from investors with more resources to analyze the company's fundamentals. The stock's liquidity remains adequate for trading, but the significant drop in delivery volume suggests waning interest from retail investors. Overall, the combination of negative financial indicators, declining investor participation, and substantial underperformance relative to the benchmark has led to the stock's current downward trajectory.