Why is Amba Enterprises falling/rising?

As of 04-Aug, Amba Enterprises Ltd is experiencing a decline in its stock price, currently at Rs. 140.65, which represents a decrease of Rs. 4.2 or 2.9%. The stock has hit a new 52-week low of Rs. 137.65 today, reflecting a significant intraday drop of 4.97%. Over the past week, the stock has underperformed with a return of -3.40%, while its year-to-date performance shows a substantial decline of -31.54%. Despite the company demonstrating strong management efficiency and healthy long-term growth in net sales and operating profit, the stock's performance has been hindered by flat quarterly results and a significant drop in returns over the past year, which stands at -39.13%.
In the broader market context, the Sensex has shown a slight increase of 0.16% over the past week, contrasting sharply with Amba Enterprises' negative performance. The stock's decline is further exacerbated by its underperformance relative to the market, as it has fallen much more than the BSE500's negative return of -2.34% over the last year. While the company maintains a low debt-to-EBITDA ratio and a fair valuation compared to peers, the overall market sentiment and the stock's recent performance indicate a challenging environment for investors, leading to a lack of confidence in the stock's recovery in the near term.