Why is Quick Heal Tech falling/rising?

As of 25-Aug, Quick Heal Technologies Ltd is experiencing a price increase, currently at Rs 308.00, reflecting a change of 6.0 or 1.99% upward. The stock has shown a performance today that underperformed its sector by 0.41%, despite reaching an intraday high of Rs 316.25, which is a 4.72% increase. Over the past week, the stock has gained 8.85%, although it has seen a decline of 4.48% over the past month and a significant drop of 53.15% year-to-date. The company has a low debt-to-equity ratio, which is a positive factor; however, it has reported negative results for the last three consecutive quarters, with a substantial decline in both profit before tax and profit after tax. This poor financial performance, coupled with a negative EBITDA and falling participation from institutional investors, suggests a challenging outlook for the stock.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has underperformed the Sensex, which has gained 0.45% over the past week. While the IT - Software sector has seen an increase of 2.38%, Quick Heal's performance remains concerning due to its long-term growth issues, with net sales declining at an annual rate of -2.47% over the last five years. The stock's significant drop of 49.54% over the past year, compared to the BSE500's negative return of only -2.11%, highlights the challenges Quick Heal Technologies Ltd faces in regaining investor confidence amidst its ongoing financial struggles.