Why is Zensar Tech. falling/rising?

As of 07-Aug, Zensar Technologies Ltd is experiencing a price increase, currently at 790.50, reflecting a rise of 5.95 or 0.76%. The stock's performance today is in line with its sector, although it is trading below its 5-day, 20-day, and 50-day moving averages while remaining above the 100-day and 200-day moving averages. Despite a recent decline in investor participation, with delivery volume down by 0.58% against the 5-day average, the stock has shown consistent returns over the past year, generating a 6.01% return. The company maintains a low debt-to-equity ratio and has a fair valuation, with a return on equity of 16 and a price-to-book value of 4.4, indicating a premium compared to peers. High institutional holdings at 35.08% suggest confidence from knowledgeable investors, further supporting the stock's recent upward movement.
In the broader market context, Zensar Technologies has underperformed the benchmark Sensex in the short term, with a 1-week return of -2.46% compared to the benchmark's -0.69%. However, the stock has outperformed the Sensex over longer periods, including a year-to-date return of 5.39% versus the Sensex's 3.18%. This indicates that while the stock may be facing short-term challenges, its long-term performance remains strong, bolstered by consistent returns over the last three years and a solid institutional backing.