Why is Zen Technologies falling/rising?

As of 23-Sep, Zen Technologies Ltd is experiencing a decline in its stock price, currently at Rs 1,602.80, down by Rs 3.3 or 0.21%. Despite this slight decrease, the stock has shown strong performance over the past week, with a return of 8.66%, and has outperformed the sector by 0.38% today. The stock opened with a gain of 2.11% and reached an intraday high of Rs 1,644.6. However, there are concerning signs, such as a significant drop in delivery volume by 49.85% compared to the 5-day average, indicating falling investor participation. Additionally, while the company has a low debt-to-equity ratio and healthy long-term growth in net sales and operating profit, recent quarterly figures show a decline in net sales and profit before tax, raising concerns about its valuation and future performance.
In the broader market context, Zen Technologies has outperformed the Sensex over the past week but has underperformed on a year-to-date basis, with a return of -34.46% compared to the Sensex's 5.07%. The decline in institutional investor participation, with a decrease in their stake by 0.63%, further adds to the stock's challenges, as these investors typically have more resources to analyze company fundamentals. Overall, while the stock has shown some positive short-term movements, the combination of declining sales, reduced institutional interest, and falling delivery volumes suggests a cautious outlook for Zen Technologies in the current market environment.