Why is Amba Enterprises falling/rising?

As of 08-Jul, Amba Enterprises Ltd is currently priced at 147.60, reflecting a decrease of 0.55, or 0.37%. The stock has been experiencing a trend reversal after seven consecutive days of decline, although it remains below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In the past week, the stock has underperformed significantly, with a return of -4.77% compared to a slight increase of 0.02% in the Sensex. Despite this, there has been a rise in investor participation, with delivery volume increasing by 18.86% against the 5-day average. The company demonstrates strong financial health with a high return on capital employed (ROCE) of 21.14% and a low debt to EBITDA ratio of 0.53, indicating a solid ability to service its debt. However, the stock has underperformed the market over the past year, generating a return of -35.97%, despite a 20.3% increase in profits, which suggests that while the company is fundamentally sound, market sentiment may be weighing heavily on its stock price.
In the broader market context, Amba Enterprises has significantly lagged behind the benchmark, with a year-to-date return of -28.16% compared to the Sensex's gain of 7.13%. This stark contrast highlights the stock's struggles despite its positive operational metrics. The flat results reported in March, including the lowest operating profit to net sales ratio, further contribute to the negative sentiment surrounding the stock. While the company has shown healthy long-term growth in net sales and operating profit, the recent performance and market trends indicate that investors remain cautious, leading to the stock's current downward movement.