Why is Zensar Tech. falling/rising?

As of 29-Jul, Zensar Technologies Ltd's stock price is currently at 810.85, reflecting an increase of 9.5, or 1.19%. The stock has been gaining for the last two days, with a total return of 2.09% during this period. It has outperformed its sector by 1.42%. While the stock has shown a year-to-date return of 8.11%, it has experienced a slight decline of 0.26% over the past year. The company maintains a low Debt to Equity ratio and a fair valuation with a Price to Book Value of 4.5. Additionally, high institutional holdings at 35.08% suggest strong investor confidence, as these investors typically have better resources to analyze the company's fundamentals.
In the broader market context, Zensar Technologies has performed slightly better than the benchmark Sensex in the short term, with a 1-week return of -0.07% compared to the Sensex's -1.03%. Despite the recent gains, the stock's performance over the last month shows a decline of 4.04%, while the Sensex fell by 3.24%. The stock's liquidity is adequate for trading, with a delivery volume increase of 9.51% against the 5-day average, indicating rising investor participation. Overall, while Zensar Technologies has shown positive short-term movements, its longer-term performance relative to the benchmark remains mixed.