Why is Zensar Tech. falling/rising?

As of 05-Aug, Zensar Technologies Ltd is experiencing a slight increase in its stock price, currently at 801.05, reflecting a change of 0.6 or 0.07% upward. The stock has shown a positive performance today, outperforming its sector by 0.47%, and has been gaining for the last two days with a total return of 1.12% during this period. Despite a decline of 5.76% over the past month, Zensar has demonstrated strong long-term performance, with a year-to-date return of 6.80% and a remarkable 223.66% increase over the last three years. The company maintains a low debt-to-equity ratio and has high institutional holdings at 35.08%, which suggests confidence from larger investors. However, the stock is trading at a premium compared to its peers, and its profits have only risen by 1.1% over the past year, indicating a potential concern regarding valuation.
In the broader market context, Zensar's recent performance contrasts with the benchmark, as it has outperformed the Sensex by 0.47% today, although it has underperformed over the past week and month. The Sensex has declined by 0.77% in the last week and 3.26% in the last month, while Zensar's performance has been relatively stable. This indicates that while the stock is facing some short-term challenges, its long-term trajectory remains strong, supported by consistent returns and rising investor participation.