Why is Amba Enterprises falling/rising?

As of 09-Jul, Amba Enterprises Ltd is experiencing a decline in its stock price, currently at Rs 142.65, reflecting a decrease of Rs 4.95 or 3.35%. The stock has been underperforming significantly, having fallen for the last six consecutive days, resulting in a total decline of 7.97% during this period. It is also close to its 52-week low, just 1.44% away from Rs 140.6. In terms of returns, the stock has underperformed the benchmark Sensex, with a one-week return of -7.76% compared to the Sensex's slight gain of +0.15%. Additionally, the stock is trading below all key moving averages, indicating a bearish trend. Despite some positive factors like high management efficiency and strong growth in net sales, the stock's performance has been hindered by flat quarterly results and significant underperformance over the past year.
In the broader market context, while the Sensex has shown a positive return of +1.32% over the past month and +6.91% year-to-date, Amba Enterprises has faced a stark contrast with a year-to-date decline of -30.57%. This underperformance is compounded by a decrease in investor participation, as evidenced by a 41.18% drop in delivery volume compared to the five-day average. The company's financial metrics, such as a low Debt to EBITDA ratio and a fair valuation compared to peers, suggest potential for recovery; however, the recent price movements and market sentiment indicate a challenging environment for the stock at this time.