Why is HCL Infosystems falling/rising?

As of 07-Jul, HCL Infosystems Ltd's stock is currently priced at 16.55, reflecting a decrease of 0.23, or 1.37%. The stock has underperformed its sector today by 1.82% and has experienced a trend reversal, falling after two consecutive days of gains. Over the past week, the stock has declined by 1.61%, and its performance over the last month shows a significant drop of 6.34%. The company has a negative book value and weak long-term fundamental strength, evidenced by a poor annual growth rate of net sales at -57.69% over the last five years. Additionally, the stock has a high debt-to-EBITDA ratio, indicating low ability to service debt, which contributes to its risky trading status. The recent quarterly results show a substantial decline in profit after tax and net sales, further impacting investor sentiment.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has consistently underperformed against the BSE500 over the last three years, including a 2.36% decline in the past year while the benchmark has gained 4.31%. The stock's liquidity appears adequate for trading, but the lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the company's prospects. Overall, the combination of negative financial indicators and poor relative performance against the benchmark has contributed to the stock's downward movement.