Why is Amba Enterprises falling/rising?

As of 30-Jul, Amba Enterprises Ltd's stock price is rising, currently at 149.95, reflecting an increase of 6.35 or 4.42%. Today's performance indicates a trend reversal as the stock has gained after four consecutive days of decline. It outperformed its sector by 3.73% today, and the stock reached an intraday high of Rs 149.95. Despite a year-to-date decline of 27.01% and a one-year drop of 38.90%, the company shows strong fundamentals with a high return on capital employed (ROCE) of 21.14%, a low debt to EBITDA ratio of 0.53, and healthy long-term growth in net sales and operating profit. The stock is currently trading at a discount compared to its peers, which may attract investor interest.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has gained 1.32% over the past week while the Sensex has declined by 1.50%. This suggests that Amba Enterprises is experiencing a relative strength compared to the overall market. However, the stock's long-term performance remains concerning, with a significant decline over the past year compared to the market's slight positive return. The rising investor participation, indicated by a 63.93% increase in delivery volume, may signal renewed interest in the stock despite its historical underperformance.