Why is Quick Heal Tech falling/rising?

As of 19-Sep, Quick Heal Technologies Ltd is experiencing a rise in its stock price, currently at Rs 335.20, reflecting an increase of Rs 7.3 or 2.23%. The stock has shown positive momentum, gaining for the last two consecutive days with a total return of 2.51% during this period. It has outperformed its sector by 2.63% today and reached an intraday high of Rs 349.8, which is a 6.68% increase. However, despite these short-term gains, the company has faced significant challenges, including a poor long-term growth outlook with net sales declining at an annual rate of -2.47% and operating profit plummeting by -181.42% over the last five years. Additionally, the company has reported negative results for the last three consecutive quarters, contributing to a risky investment profile.
In the broader market context, Quick Heal Technologies has outperformed the Sensex in the short term, with a 1-week return of +2.09% compared to the benchmark's +0.88%. However, the stock has significantly underperformed over the longer term, with a year-to-date decline of -49.01% against the Sensex's +5.74%. The falling participation from institutional investors, who have reduced their stake by -0.92%, indicates a lack of confidence in the company's fundamentals, which may further impact its stock price negatively. Overall, while there are short-term gains, the long-term outlook remains concerning due to declining sales and profitability.