Why is Zen Technologies falling/rising?

As of 20-Aug, Zen Technologies Ltd is currently priced at 1,420.20, reflecting a decrease of 1.0, or 0.07%. The stock has underperformed its sector by 2.5% today and has been on a consecutive decline for the last two days, resulting in a total drop of 0.59% during this period. Over the past week, the stock has decreased by 0.33%, and it has experienced a significant decline of 24.53% over the past month. Despite a healthy long-term growth with net sales increasing at an annual rate of 53.03%, the company has faced challenges, including a 35.0% drop in quarterly net sales compared to the previous four-quarter average and a 37.4% decline in profit before tax. Additionally, institutional investors have reduced their stake in the company, indicating a lack of confidence among larger investors.
Broader market context shows that while the Sensex has gained 1.64% over the past week, Zen Technologies has lagged behind with its negative return. The stock's performance has been notably poor over the last year, with a return of -16.36%, significantly worse than the broader market's decline of only -1.20%. This underperformance, coupled with falling investor participation and a high valuation relative to its peers, suggests that the market sentiment towards Zen Technologies is currently negative, contributing to its recent price decline.