Why is TCS falling/rising?

As of 13-Aug, Tata Consultancy Services Ltd. is currently priced at 3,035.60, reflecting a flat movement with a change of 0.1 (0.00%). The stock is trading 1.43% away from its 52-week low and is underperforming relative to its moving averages, as it is lower than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a slight increase of 0.13%, while it has declined by 7.04% over the past month and 25.91% year-to-date. Despite these declines, the company has demonstrated strong long-term fundamentals, with a high return on equity (ROE) of 46.19% and a healthy growth rate in net sales. Additionally, TCS has reported positive financial results, including the highest operating cash flow and profit after tax in recent quarters, which supports its attractive valuation and high dividend yield of 4.18%.
In the broader market context, TCS's performance has been relatively weak compared to the benchmark Sensex, which has seen a slight decline of 0.01% over the past week and a modest increase of 3.07% year-to-date. The stock's year-over-year return of -27.64% starkly contrasts with the Sensex's gain of 2.01%, indicating a significant underperformance. However, the rising investor participation, evidenced by a 27.1% increase in delivery volume, suggests a potential for recovery. High institutional holdings at 23.48% may also provide a buffer against volatility, as these investors typically have better resources to analyze the company's fundamentals. Overall, while TCS faces challenges in the short term, its strong fundamentals and high dividend yield may attract long-term investors.