Why is Quicktouch Tech falling/rising?

As of 15-Sep, Quicktouch Technologies Ltd's stock price is currently at 47.00, reflecting a slight increase of 0.1 (0.21%). The stock has shown a performance today that outperformed its sector by 0.68%. Despite this positive movement, the stock has experienced a significant decline of 70.51% over the past year, with profits falling by 18%. The company has reported operating losses and negative results for the last three consecutive quarters, with net sales at their lowest. However, it has a very attractive valuation with a return on equity of 3.6 and a price to book value of 0.4, which may contribute to some investor interest.
In the broader market context, Quicktouch Technologies Ltd has outperformed the Sensex in the short term, with a weekly return of 2.17% compared to the Sensex's 1.20%. However, the stock's long-term performance remains concerning, as it has underperformed the BSE500 over the last three years, one year, and three months. The rising investor participation, indicated by a 119.51% increase in delivery volume, suggests some renewed interest, but the overall weak long-term fundamentals and recent financial results indicate a challenging environment for the stock.