Why is Quick Heal Tech falling/rising?

As of 07-Aug, Quick Heal Technologies Ltd is experiencing a decline in its stock price, currently at Rs 299.00, which reflects a decrease of Rs 4.45 or 1.47%. The stock has been underperforming, with a consecutive fall over the last three days, resulting in a total drop of 6.17%. Additionally, the stock has underperformed its sector by 2.15% today. It has also been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The recent trading volume has shown a significant drop, with delivery volume falling by 26.26% compared to the 5-day average. Over the past month, the stock has declined by 23.15%, while year-to-date it has plummeted by 54.52%, contrasting sharply with the Sensex, which has gained 3.18% during the same period.
In the broader market context, Quick Heal Technologies Ltd's short-term performance has been notably weaker than the benchmark Sensex, which has only declined by 0.69% over the past week. This stark contrast highlights the stock's struggles relative to the overall market. The company's significant year-to-date decline of 54.52% further emphasizes its challenges, especially as the Sensex has shown positive growth. The combination of falling investor participation and the stock's consistent underperformance against both its sector and the broader market suggests a lack of confidence among investors, contributing to its ongoing price decline.