Why is TCS falling/rising?

As of 04-Sep, Tata Consultancy Services Ltd. is experiencing a slight decline in its stock price, currently at Rs 3,095.75, reflecting a decrease of 2.45 points or 0.08%. The stock has been under pressure, having fallen consecutively for the last three days, resulting in a total decline of 0.55% during this period. It is also trading close to its 52-week low, just 3.35% above Rs 2,992.05. Despite this, the stock has outperformed its sector by 0.72% today. The stock's performance over the past year shows a significant decline of 30.92%, while its year-to-date performance is down 24.44%. However, it has shown some resilience over the last month with a slight increase of 0.68%. The company maintains strong long-term fundamentals, including a high return on equity of 46.19% and a healthy growth rate in net sales, which has grown at an annual rate of 10.27%.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 0.80% over the past week, TCS's performance has been relatively flat with a slight decline. The broader market context indicates that while TCS is facing challenges, particularly in terms of declining investor participation and recent price movements, it still holds a strong position in the market with high institutional holdings at 23.48%. The company's high dividend yield of 4.1% and attractive valuation relative to its peers may provide some support for its stock price, but the recent trends suggest that investor sentiment is currently cautious.