Why is TCS falling/rising?

As of 05-September, Tata Consultancy Services Ltd. is experiencing a decline in its stock price, currently at Rs 3,048.45, which reflects a decrease of Rs 47.3 or 1.53%. The stock has been underperforming, having lost 2.07% over the last four days and is currently trading close to its 52-week low, just 1.85% away from Rs 2,992.05. Additionally, TCS is trading below its moving averages across various time frames, indicating a bearish trend. The stock's performance over the past year shows a significant decline of 31.96%, while its year-to-date return is down 25.60%. Despite strong fundamentals, including a high return on equity and a healthy growth rate in net sales, the stock's recent performance has been negatively impacted by falling investor participation, as evidenced by a 30.22% drop in delivery volume compared to the five-day average.
In the broader market context, TCS's recent performance contrasts sharply with the Sensex, which has gained 1.13% over the past week and is up 3.29% year-to-date. This divergence suggests that while the overall market is experiencing positive momentum, TCS is struggling to keep pace, highlighting its recent challenges. The stock's high institutional holdings of 23.48% indicate that knowledgeable investors are still backing the company, but the current market sentiment appears to be weighing heavily on its price. Overall, despite its strong long-term fundamentals and attractive valuation, TCS is facing significant short-term pressures that are contributing to its declining stock price.