Why is Quick Heal Tech falling/rising?

As of 16-Sep, Quick Heal Technologies Ltd is currently priced at Rs 329.20, reflecting an increase of Rs 3.7, or 1.14%. The stock has shown a mixed performance, with a 1-week decline of 1.69% while it has gained 16.84% over the past month. Today's trading saw the stock reach an intraday high of Rs 339.4, representing a 4.27% increase. However, there are concerning signs, such as a significant drop in delivery volume by 72.49% compared to the 5-day average, indicating falling investor participation. Additionally, the company has reported negative results for the last three consecutive quarters, with a substantial decline in net sales and operating profit, which raises concerns about its long-term growth potential.
Broader market context reveals that while the Sensex has increased by 1.58% over the past week, Quick Heal's performance has lagged behind, suggesting a lack of confidence among investors. The stock has underperformed the market significantly over the past year, with a return of -52.21% compared to the broader market's decline of only -0.73%. Institutional investors have also reduced their stakes, indicating a lack of confidence in the company's future prospects. Overall, despite a slight uptick in price today, the underlying fundamentals and broader market trends suggest a challenging environment for Quick Heal Technologies Ltd.