Why is Zensar Tech. falling/rising?

As of 12-Aug, Zensar Technologies Ltd's stock price is rising, currently at Rs 807.05, reflecting an increase of Rs 14.05 or 1.77%. The stock has shown positive momentum, gaining for the last two consecutive days with a total return of 2.63% during this period. It outperformed its sector by 1.49% today and reached an intraday high of Rs 822.3, which is a 3.69% increase. Over the past week, the stock has increased by 0.69%, while its performance over the last year shows a return of 5.11%. The company maintains a low debt-to-equity ratio and has a fair valuation, with high institutional holdings at 35.08%, indicating strong investor confidence. However, there has been a decline in delivery volume, which fell by 17.49% against the 5-day average, suggesting a potential concern regarding investor participation.
In the broader market context, Zensar Technologies has outperformed the Sensex, which has declined by 0.59% over the past week. The stock's year-to-date return of 7.60% also surpasses the Sensex's 2.68% gain, highlighting its relative strength in a challenging market environment. Despite the positive returns over the last three years, where the stock has increased by 249.60% compared to the benchmark's 34.93%, the recent drop in delivery volume may indicate a cautious sentiment among retail investors. Overall, while Zensar Technologies is experiencing a rise in its stock price, the mixed signals regarding investor participation could impact its future performance.