Why is Quicktouch Tech falling/rising?

As of 11-Sep, Quicktouch Technologies Ltd is currently priced at 45.75, reflecting an increase of 0.35 or 0.77%. Despite this slight uptick, the stock has shown a significant decline over the past year, with a return of -70.31%. In today's trading, Quicktouch Technologies outperformed its sector by 1.11%, although it is trading below all its moving averages from 5 days to 200 days. The company has also seen a rise in investor participation, with a delivery volume increase of 66.67% compared to the 5-day average. However, the company has reported operating losses and negative results for the last three consecutive quarters, with net sales falling by 57.4% compared to the previous four-quarter average, which negatively impacts investor sentiment.
In the broader market context, the stock's performance over the past week shows a decline of -0.22%, while the Sensex has increased by 1.10%. This indicates that Quicktouch Technologies is underperforming relative to the market. The company's weak long-term fundamentals, highlighted by a return on equity of only 3.6 and a price-to-book value of 0.3, further contribute to its struggles. Despite the recent increase in price, the overall trend remains negative, as the stock has significantly underperformed the benchmark indices over various time frames, including a -49.14% return year-to-date compared to a 5.75% increase in the Sensex.