Why is TCS falling/rising?

As of 01-Aug, Tata Consultancy Services Ltd. is experiencing a decline in its stock price, currently at 3,003.10, which reflects a decrease of 34.25 or 1.13%. The stock has hit a new 52-week low today and has been on a consecutive downward trend for the past seven days, resulting in a total decline of 5.54% during this period. Additionally, the stock has underperformed against the benchmark Sensex over the past week and month, with returns of -4.19% and -12.43%, respectively. Despite a high dividend yield of 4.18% and strong long-term fundamentals, including a robust return on equity and healthy sales growth, the stock's recent performance has been negatively impacted by falling investor participation, as evidenced by a significant drop in delivery volume.
Broader market context indicates that while TCS has struggled, the Sensex has also faced a decline of 1.06% over the past week and 3.70% over the past month. This suggests that the broader market conditions may be contributing to TCS's stock price movement. The company's significant market capitalization and high institutional holdings indicate a strong foundation; however, the recent performance metrics, including a substantial year-to-date decline of 26.70%, highlight the challenges TCS is facing in the current market environment. Overall, while the fundamentals remain strong, the stock's recent price movement reflects a combination of short-term pressures and broader market trends.