Why is HCL Infosystems falling/rising?

As of 23-Jul, HCL Infosystems Ltd is currently priced at 15.99, reflecting a decrease of 0.02, or 0.12%. The stock has been experiencing a decline, having fallen for the last two days with a total return of -0.68% during this period. In the past week, the stock has underperformed, showing a -1.30% return compared to a +0.11% return for the Sensex. Additionally, the company has a negative book value and weak long-term fundamental strength, evidenced by a significant decline in net sales over the past five years and a high debt-to-EBITDA ratio. The recent quarterly results also indicate a sharp drop in profit after tax, further contributing to the stock's negative sentiment.
In the broader market context, while the stock has generated a year-to-date return of +4.92%, it has consistently underperformed against the benchmark, with a -5.10% return over the last year compared to the Sensex's +2.86%. The stock's performance today aligns with the sector, but the overall trend shows a lack of confidence from domestic mutual funds, which hold no stake in the company. This lack of institutional support, combined with the company's poor financial indicators and consistent underperformance against the benchmark over the last three years, suggests that investors are cautious, contributing to the stock's recent decline.