Why is HCL Infosystems falling/rising?

As of 31-Jul, HCL Infosystems Ltd is currently priced at 15.17, reflecting a decrease of 0.07 or 0.46%. The stock has been trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the delivery volume has dropped significantly, falling by 24.09% against the 5-day average, suggesting a decline in investor participation. Over the past week, the stock has experienced a return of -5.19%, and over the past month, it has declined by 10.24%, which is considerably worse than the Sensex's decline of only 1.22% during the same period. The company has a negative book value and weak long-term fundamentals, with net sales decreasing at an annual rate of 57.69% over the last five years, contributing to its poor performance.
In the broader market context, HCL Infosystems has consistently underperformed against the benchmark, with a return of -11.70% over the past year compared to the Sensex's gain of 3.90%. This underperformance is compounded by the company's negative EBITDA and high debt-to-EBITDA ratio, which raises concerns about its ability to service debt. The stock's weak long-term growth prospects and flat results in recent quarters further exacerbate its risk profile, making it a strong sell in the current market environment.