Why is HCL Infosystems falling/rising?

As of 28-Jul, HCL Infosystems Ltd is currently priced at 15.72, reflecting an increase of 0.07 or 0.45%. The stock has shown a mixed performance recently, with a notable outperformance against its sector today by 1.39%. However, over the past week, the stock has declined by 2.36%, and it has also underperformed significantly over the last month with a decrease of 7.85%. The company faces challenges such as a negative book value, weak long-term growth, and a high debt-to-EBITDA ratio, which contribute to its overall weak fundamental strength. Despite a rise in investor participation, as indicated by an 81.9% increase in delivery volume, the stock's long-term prospects remain concerning due to poor sales growth and negative EBITDA.
Broader market context shows that while HCL Infosystems has outperformed its sector today, it has consistently underperformed against the benchmark, with a 1-year return of -7.26% compared to the BSE500's -0.54%. This underperformance is further highlighted by the stock's returns over the last three years, where it has lagged behind the benchmark in each annual period. The lack of investment from domestic mutual funds, which hold 0% of the company, suggests a lack of confidence in its valuation and business prospects, reinforcing the perception of risk associated with the stock in the broader market.