Why is Zensar Tech. falling/rising?

As of 21-Aug, Zensar Technologies Ltd is experiencing a decline in its stock price, currently at 811.15, which reflects a decrease of 4.85 or 0.59%. The stock has underperformed its sector by 0.72% today and has shown a trend reversal after two consecutive days of gains. Despite a strong performance over the past three years, with a return of 241.03%, the stock has seen a decline of 3.98% over the last month. The company maintains a low debt-to-equity ratio and a fair valuation, but it is trading at a premium compared to its peers. High institutional holdings at 35.08% suggest confidence from larger investors, although the stock's recent performance may be influenced by its relatively high PEG ratio of 27.3 and modest profit growth of 1.1% over the past year.
In the broader market context, Zensar Technologies' short-term performance has lagged behind the benchmark Sensex, which has risen by 1.74% over the past week. While the stock has generated positive returns year-to-date at 8.15%, the recent decline may reflect broader market trends or sector-specific challenges. The liquidity of the stock remains adequate, with a significant increase in delivery volume, indicating rising investor participation, which could be a positive sign for future performance. However, the current price movement suggests that investors may be cautious, possibly due to the stock's recent underperformance relative to both its sector and the benchmark.