Why is HCL Infosystems falling/rising?

As of 05-Sep, HCL Infosystems Ltd is experiencing a price increase, currently at 16.00, with a change of 0.4, representing a rise of 2.56%. The stock has shown positive performance today, outperforming its sector by 2.03%. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, there has been a slight decline in investor participation, with delivery volume falling by 0.99% compared to the 5-day average. In terms of returns, the stock has increased by 2.56% over the past week and 5.82% over the past month, while it has a year-to-date return of 4.99%, which is better than the Sensex's 3.29% for the same period.
In the broader market context, HCL Infosystems' short-term performance is notably stronger than the Sensex, which has only gained 1.13% over the past week. This indicates that the stock is currently favored by investors compared to the overall market. Despite a negative return of 0.99% over the past year and a significant decline of 12.57% over the past three years, the recent upward momentum and positive short-term returns suggest a potential recovery phase. However, the lack of available positive or negative dashboard data means that specific catalysts for this movement are not detailed.