Why is HCL Infosystems falling/rising?

As of 11-Jul, HCL Infosystems Ltd is experiencing a decline in its stock price, currently at 16.15, which reflects a decrease of 0.21 or 1.28%. The stock has been on a downward trend, losing value for the last three consecutive days and showing a total decline of 3% during this period. In terms of performance, the stock has underperformed against the benchmark, with a 1-week return of -3.75% compared to the Sensex's -1.12%. Additionally, the company's financial health is concerning, as it has a negative book value and a weak long-term fundamental strength, evidenced by a significant decline in net sales and a high debt-to-EBITDA ratio. The stock's negative EBITDA and the lack of domestic mutual fund investment further indicate a lack of confidence in its future performance.
In the broader market context, the stock's recent performance is notably weaker than the benchmark, as it has consistently underperformed the BSE500 over the last three years, generating a return of -2.12% in the past year while the benchmark has increased by 3.26%. This underperformance is compounded by the company's poor long-term growth prospects and declining sales figures, which have contributed to a lack of investor confidence. Despite a rise in delivery volume, suggesting some investor interest, the overall sentiment remains negative due to the company's financial struggles and the absence of support from institutional investors.