Why is Zensar Tech. falling/rising?

As of 28-Jul, Zensar Technologies Ltd is currently priced at 801.35, reflecting an increase of 5.95, or 0.75%. Despite this positive movement today, the stock has shown a decline of 5.14% over the past week and 5.16% over the past month, indicating a challenging short-term trend. The stock's performance today has outperformed its sector by 1.97%, although it touched an intraday low of Rs 770.6, which represents a decline of 3.12%. Additionally, the stock is trading above its 100-day and 200-day moving averages but below its shorter-term moving averages, suggesting mixed signals. The company has a low debt-to-equity ratio and a fair valuation with a price-to-book value of 4.5, but it is trading at a premium compared to its peers. High institutional holdings at 35.08% indicate confidence from larger investors, although the stock's return over the past year has been slightly negative at -0.92%.
In the broader market context, Zensar Technologies has outperformed the benchmark Sensex in terms of today's performance, but its longer-term returns are less favorable. The Sensex has declined by 1.59% over the past week and 3.77% over the past month, which shows that the stock's recent rise is somewhat isolated from broader market trends. The stock has generated a year-to-date return of 6.84%, outperforming the Sensex's 3.52%, indicating that while it faces short-term challenges, it has shown resilience in the longer term. However, falling investor participation, as evidenced by a significant drop in delivery volume, could pose risks to sustained upward momentum.