Why is Quicktouch Tech falling/rising?

As of 19-Sep, Quicktouch Technologies Ltd is experiencing a decline in its stock price, currently at 46.25, reflecting a decrease of 0.25 or 0.54%. The stock has underperformed significantly, with a one-week return of -1.39% and a one-month return of -8.96%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a notable increase in delivery volume by 275% on September 18, the company has reported negative financial results over the past year, with a staggering return of -69.65%. The company's operating losses and a significant drop in net sales of -57.4% compared to previous quarters further contribute to its weak performance, leading to a consensus that it is a strong sell.
In the broader market context, the Sensex has shown resilience with a one-week gain of +0.85% and a one-month increase of +1.39%, contrasting sharply with Quicktouch Technologies' performance. The stock's year-to-date return of -48.58% starkly contrasts with the Sensex's positive return of +7.11%, highlighting the company's struggles relative to the overall market. This underperformance is compounded by the company's weak long-term fundamentals and consecutive negative quarterly results, which have led to a lack of investor confidence and a decline in stock price.