Why is Quick Heal Tech falling/rising?

As of 21-Aug, Quick Heal Technologies Ltd is experiencing a price increase, currently at Rs 308.40, which reflects a rise of Rs 8.2 or 2.73%. The stock has shown a strong performance today, outperforming its sector by 2.6% and achieving a consecutive gain over the last four days, with a total return of 9.46% in that period. Despite this positive short-term movement, the company has faced significant challenges, including negative results for the last three consecutive quarters and a poor long-term growth outlook, with net sales declining at an annual rate of -2.47%. Additionally, the stock has underperformed over the past year, generating a return of -48.43%, which is considerably worse than the broader market's decline of -1.56%.
In the broader market context, Quick Heal's short-term return of 9.46% over the past week contrasts sharply with its long-term performance, where it has seen a decline of -11.85% over the past month and -53.09% year-to-date. This indicates that while the stock is currently gaining traction, it is still struggling to recover from significant losses in the longer term. The recent rise in investor participation, evidenced by a 75.96% increase in delivery volume, suggests some renewed interest, but the overall sentiment remains cautious due to the company's negative EBITDA and falling participation from institutional investors, who have reduced their stake in the company.