Why is Zensar Tech. falling/rising?

As of 22-Sep, Zensar Technologies Ltd's stock price is currently at 810.30, reflecting a decline of 47.0 points or 5.48%. Today's price summary indicates that the stock has underperformed its sector by 3.26% and has experienced a trend reversal after four consecutive days of gains. The stock touched an intraday low of Rs 807, which is a decrease of 5.87%. Despite a strong performance over the past year with an 11.88% return, the stock's profits have only risen by 1.1%, leading to a high PEG ratio of 27.4. The company maintains a low debt-to-equity ratio and high institutional holdings at 35.08%, which typically supports stability, but the recent price drop suggests a shift in investor sentiment.
In the broader market context, Zensar Technologies has shown a modest short-term return of 0.22% over the past week, which is lower than the Sensex's gain of 0.46%. The IT - Software sector has also faced a decline of 2.6%, indicating a challenging environment for stocks in this category. The falling investor participation, with a notable decrease in delivery volume, further suggests that market sentiment may be shifting negatively towards the stock. Overall, while Zensar Technologies has demonstrated strong long-term performance, recent price movements and sector trends indicate a period of volatility and potential investor caution.