Why is Quicktouch Tech falling/rising?

As of 22-Sep, Quicktouch Technologies Ltd is currently priced at 47.40, reflecting an increase of 1.15 or 2.49%. Despite this positive movement today, the stock has shown a significant decline over the past year, with a return of -68.71%. In today's trading, the stock outperformed its sector by 5.1%, although it remains below the 5-day, 50-day, 100-day, and 200-day moving averages. The stock's liquidity is adequate for trading, but there has been a notable decrease in investor participation, with delivery volume falling by 12.7% compared to the 5-day average. Additionally, while the company has a very attractive valuation with a low price-to-book ratio, it has faced operating losses and declining profits, which have contributed to its weak long-term fundamental strength.
In the broader market context, Quicktouch Technologies Ltd has outperformed the Sensex in the short term, with a 1-week return of +0.85% compared to the benchmark's +0.53%. However, the stock's long-term performance is concerning, as it has underperformed the BSE500 over the last three years, one year, and three months. The company has reported negative results for the last three consecutive quarters, with a significant decline in net sales and profits. This combination of short-term gains amidst a backdrop of long-term struggles indicates that while there may be temporary upward movements, the overall outlook remains negative due to persistent operational challenges.