Why is TCS falling/rising?

As of 05-Aug, Tata Consultancy Services Ltd. is experiencing a decline in its stock price, currently at 3,062.15, reflecting a decrease of 12.75 or 0.41%. The stock's performance today is in line with the sector, but it is notably close to its 52-week low, being only 2.29% away from Rs 2,992.05. Over the past week, the stock has shown a slight increase of 0.18%, but it has significantly underperformed over the past month and year, with declines of 10.49% and 26.31%, respectively. Despite the current downturn, the company maintains strong long-term fundamentals, including a high return on equity (ROE) of 46.19% and a healthy growth rate in net sales. The stock's high dividend yield of 4.13% and strong institutional holdings at 23.48% suggest a level of confidence among larger investors, although recent delivery volumes have fallen by 22.19% against the 5-day average, indicating reduced investor participation.
In the broader market context, TCS's performance contrasts with the Sensex, which has shown a decline of 0.77% over the past week and a modest gain of 3.29% year-to-date. While TCS has struggled with a year-to-date decline of 25.26%, the benchmark index has performed positively, highlighting the stock's underperformance relative to the market. This disparity may reflect broader market conditions that favor other sectors or companies, while TCS faces challenges despite its strong fundamentals. The stock's valuation appears attractive compared to peers, but the recent price movements and declining investor participation may be contributing to its current downward trend.