Why is Quicktouch Tech falling/rising?

As of 10-Sep, Quicktouch Technologies Ltd is experiencing a decline in its stock price, currently at 45.40, reflecting a decrease of 0.6 or 1.3%. The stock has underperformed significantly, with a performance today that is 3.85% lower than its sector. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the delivery volume has fallen dramatically by 89.58% compared to the 5-day average, suggesting a lack of investor interest. Over the past year, the stock has generated a staggering return of -71.63%, while profits have decreased by 18%. The company has also reported negative results for the last three consecutive quarters, with net sales and profit before tax showing substantial declines.
In the broader market context, Quicktouch Technologies has underperformed against the Sensex, which has increased by 1.04% over the past week, while Quicktouch's return for the same period is -9.20%. This trend of underperformance is consistent over the last month and year, with the stock down 12.61% and 71.62%, respectively, compared to the Sensex's positive returns. The company's weak long-term fundamentals, highlighted by operating losses and a significant drop in net sales, further contribute to its declining stock price. Despite having a very attractive valuation with a low price-to-book ratio, the overall negative financial performance and falling investor participation indicate a challenging outlook for Quicktouch Technologies.