Why is Quicktouch Tech falling/rising?

As of 18-Nov, Quicktouch Technologies Ltd is experiencing a decline in its stock price, currently at Rs 32.15, which reflects a decrease of Rs 1.75 or 5.16%. The stock has hit a new 52-week low of Rs 31.1 today and has underperformed its sector by 4.19%. Over the past week, the stock has seen a significant drop of 22.72%, and its year-to-date performance shows a staggering decline of 64.26%. The company has reported negative financial results for the last four consecutive quarters, with a net profit fall of 1334.29% and a high debt-to-EBITDA ratio of 8.21 times, indicating weak long-term fundamental strength and a low ability to service debt.
In the broader market context, while the Sensex has shown a slight increase of 0.84% over the past week, Quicktouch Technologies Ltd's performance starkly contrasts this trend. The stock's significant underperformance relative to the benchmark highlights its struggles, particularly with a year-over-year return of -71.80% compared to the Sensex's gain of 10.47%. Despite a rise in investor participation, as evidenced by a 291.09% increase in delivery volume, the overall sentiment remains negative due to the company's ongoing operational losses and declining sales, which contribute to its classification as a strong sell.