Why is Quicktouch Tech falling/rising?

As of 04-Jul, Quicktouch Technologies Ltd is experiencing a decline in its stock price, currently at 61.05, which reflects a decrease of 2.55 or 4.01%. The stock has underperformed significantly, with a 1-week return of -7.85% and a year-to-date return of -32.13%. Today's performance indicates that it has underperformed its sector by 4.72%, and the delivery volume has fallen sharply by 52.38% compared to the 5-day average, suggesting a decrease in investor participation. Despite a low debt-to-equity ratio and healthy long-term growth in net sales, the stock's recent performance has been negatively impacted by a substantial decline in profits and net sales, which have decreased by 37.05% and 18%, respectively, over the past year.
In the broader market context, the stock's performance contrasts sharply with the benchmark Sensex, which has shown a positive return of 3.42% over the past month and 7.68% year-to-date. This stark difference highlights the stock's struggle, as it has significantly underperformed the market, generating a return of -56.25% over the last year while the broader market has yielded positive returns. The combination of negative financial results, falling investor interest, and underperformance relative to the market suggests that Quicktouch Technologies Ltd is facing considerable challenges that are contributing to its declining stock price.