Why is Amba Enterprises falling/rising?

As of 18-Jul, Amba Enterprises Ltd is experiencing a decline in its stock price, currently at Rs 150.20, which reflects a decrease of Rs 4.85 or 3.13%. The stock has underperformed its sector by 2.64% today, reaching an intraday low of Rs 150, down 3.26%. Over the past week, the stock has seen a slight decline of 0.69%, and its performance over the last month shows a more significant drop of 5.06%. Year-to-date, the stock has fallen by 26.89%, and over the past year, it has decreased by 31.37%, indicating a substantial underperformance compared to the benchmark Sensex, which has gained 4.63% in the same period. The stock is currently trading below all key moving averages, and there has been a notable decline in investor participation, with delivery volume falling by 51.9% against the five-day average.
In the broader market context, while the Sensex has shown resilience with a positive return of 4.63% year-to-date, Amba Enterprises has struggled significantly, reflecting a broader trend of underperformance. Despite the company's strong management efficiency, low debt levels, and healthy long-term growth in net sales and operating profit, these positive factors have not translated into stock price stability. The recent flat results reported in March, coupled with the lowest operating profit to net sales ratio, have contributed to negative sentiment around the stock. Additionally, the stock's significant decline over the past year, despite a rise in profits, suggests that investor confidence remains low, further exacerbating the downward pressure on its price.