Why is Zensar Tech. falling/rising?

As of 14-Aug, Zensar Technologies Ltd is experiencing a price increase, with its current price at 805.45, reflecting a change of 4.15, or 0.52% up. The stock has shown a positive performance today, outperforming its sector by 0.3%. It has traded within a narrow range of Rs 7.1 and is currently above its 5-day, 100-day, and 200-day moving averages, although it is below its 20-day and 50-day moving averages. Notably, there has been a significant rise in investor participation, with delivery volume increasing by 54.83% compared to the 5-day average. Over the past week, Zensar Technologies has returned +1.89%, contrasting with a slight decline of -0.03% in the Sensex, and it has consistently outperformed the benchmark over the last three years, with a remarkable return of +248.91%.
In the broader market context, Zensar's recent performance stands out as it has managed to generate a return of +7.39% year-to-date, while the Sensex has only increased by +3.15% in the same period. The company benefits from a low debt-to-equity ratio and high institutional holdings at 35.08%, which suggests strong investor confidence and capability in analyzing the company's fundamentals. Despite trading at a premium compared to its peers, Zensar has maintained consistent returns, outperforming the BSE500 over the last three years. However, the stock's profits have only risen by 1.1% over the past year, indicating that while the stock price is rising, the underlying profit growth may not be as robust, leading to a cautious outlook despite the positive price movement.