Why is Quick Heal Tech falling/rising?

As of 15-Oct, Quick Heal Technologies Ltd is experiencing a price increase, currently at Rs 335.35, which reflects a rise of Rs 26.3 or 8.51%. The stock has shown a positive trend today, gaining after two consecutive days of decline, and opened with a gain of 2.09%. It has outperformed its sector by 8.09% today and reached an intraday high of Rs 351.95. However, despite this short-term gain, the stock has underperformed significantly over the past year, with a return of -56.91%, while the benchmark Sensex has only declined by 0.96%. The company has also reported negative results for the last three consecutive quarters, indicating poor long-term growth prospects, which may contribute to investor caution despite the recent price rise.
Broader Market Context: In the short term, Quick Heal Technologies Ltd has outperformed the Sensex, which has only increased by 1.02% over the past week, while the stock itself has risen by 10.19%. This indicates a strong short-term performance relative to the broader market. However, the overall context remains challenging, as institutional investors have reduced their stakes, reflecting a lack of confidence in the company's fundamentals. The stock's long-term performance is concerning, with a significant decline in net sales and operating profit over the past five years, which may overshadow the recent positive price movement and suggest that the stock remains risky for potential investors.