Why is Infosys falling/rising?

As of 11-Aug, Infosys Ltd is experiencing a slight increase in its stock price, currently at 1,428.00, reflecting a change of 4.35 (0.31%) upward. Despite this daily gain, the stock has shown a negative performance over the past week, down 3.54%, and a significant decline of 10.46% over the past month. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. However, there has been a rise in investor participation, with delivery volume increasing by 14.83% against the 5-day average. Infosys maintains strong long-term fundamentals, with a healthy average Return on Equity (ROE) of 30.48% and a low Debt to Equity ratio, although it has underperformed against benchmarks over the past year, generating a return of -19.36%.
In the broader market context, Infosys's performance has lagged behind the Sensex, which has only declined by 0.51% over the past week and has shown a positive return of 3.15% year-to-date. The stock's consistent underperformance against the benchmark over the last three years, alongside flat results reported in June, raises concerns among investors. Despite these challenges, the company benefits from high institutional holdings at 71.54%, which may provide some stability and confidence in its long-term growth potential. However, the overall market sentiment remains cautious due to the stock's historical underperformance and recent flat results.