Why is HCL Technologies falling/rising?

As of 08-Aug, HCL Technologies Ltd is currently priced at 1,476.30, reflecting a decrease of 2.75 or 0.19%. The stock has shown a mixed performance recently, with a 1-week return of +1.61%, outperforming the Sensex, which declined by 0.92%. However, over the past month, the stock has fallen by 13.60%, while the Sensex decreased by 4.60%. Today's price summary indicates that the stock outperformed its sector by 0.61%, but it is trading lower than its longer-term moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 44.13% compared to the 5-day average. Despite these challenges, the company boasts a high dividend yield of 4.06% and strong long-term fundamentals, including a healthy return on equity of 22.22% and low debt levels.
In the broader market context, HCL Technologies' short-term performance contrasts with the benchmark, as it has managed to outperform the Sensex over the past week while still facing a substantial decline over the past month. The stock's year-to-date performance shows a significant drop of 23.04%, while the Sensex has gained 2.20%. This divergence suggests that while the stock has strong fundamentals and institutional backing, the recent price decline may be influenced by broader market conditions and reduced investor participation. The company's attractive valuation and high dividend yield may provide some support, but the overall negative sentiment reflected in the recent price movements indicates ongoing challenges for the stock.