Why is HCL Infosystems falling/rising?

As of 10-Jul, HCL Infosystems Ltd is experiencing a decline in its stock price, currently at 16.36, reflecting a decrease of 0.09 or 0.55%. The stock has underperformed its sector by 1.15% today and has been on a consecutive downward trend for the last two days, with a total decline of 1.74%. Additionally, the stock's performance over the past week shows a decrease of 2.04%, and it has underperformed against the benchmark Sensex, which has seen a slight decline of only 0.06%. The company is facing significant challenges, including a negative book value and weak long-term fundamentals, as evidenced by a drastic annual decline in net sales of 57.69% over the last five years. Furthermore, the company's ability to service its debt is concerning, indicated by a high Debt to EBITDA ratio of -1.00 times.
In the broader market context, HCL Infosystems has consistently underperformed against the benchmark over the last three years, generating a return of -1.15% in the past year while the Sensex has increased by 4.09%. The stock's liquidity appears adequate for trading, but a significant drop in delivery volume by 55.83% against the five-day average suggests falling investor participation. The lack of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence in the company's prospects. Overall, the combination of poor financial performance, negative EBITDA, and weak investor sentiment contributes to the stock's recent decline.