Why is Amba Enterprises falling/rising?

As of 07-Jul, Amba Enterprises Ltd is experiencing a decline in its stock price, currently at Rs 148.15, down by 1.25 (-0.84%). The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 4.42% over the past week. Today's trading saw the stock reach an intraday high of Rs 153 but also dip to a low of Rs 146, indicating volatility. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend. Despite a strong management efficiency indicated by a high ROCE of 21.14% and healthy long-term growth in net sales and operating profit, the stock has underperformed significantly over the past year, with a return of -35.78% compared to the market's positive performance.
In the broader market context, Amba Enterprises has lagged behind the benchmark, with a 1-year return of -35.78% while the BSE500 index has generated a return of 1.74%. This stark contrast highlights the stock's struggles relative to the market. Although there has been a rise in investor participation, as evidenced by a significant increase in delivery volume, the overall sentiment remains negative due to flat quarterly results and the stock's continued underperformance. The company’s low Debt to EBITDA ratio and fair valuation compared to peers may provide some support, but the recent price movements reflect a lack of confidence among investors in the stock's immediate prospects.