Why is Amba Enterprises falling/rising?

As of 11-Aug, Amba Enterprises Ltd is experiencing a price increase, currently at Rs 146.30, reflecting a rise of Rs 2.05 or 1.42%. The stock has shown positive momentum recently, gaining 3.98% over the last three days and outperforming its sector by 1.16% today. However, it touched an intraday low of Rs 140.25, indicating some volatility. In terms of longer-term performance, the stock has underperformed over the past month and year, with returns of -3.27% and -32.42%, respectively. Despite this, the company boasts strong fundamentals, including a high return on capital employed (ROCE) of 21.14%, a low debt to EBITDA ratio of 0.53, and healthy growth in net sales and operating profit.
In the broader market context, while the Sensex has shown a slight decline of 0.51% over the past week, Amba Enterprises has outperformed this benchmark, indicating a divergence in performance. The stock's recent gains may be attributed to its solid management efficiency and growth potential, despite its significant underperformance over the past year compared to the broader market, which saw a decline of only -1.85%. The stock is currently trading at a discount relative to its peers, which may attract investors looking for value, although falling investor participation and lower trading volumes could pose challenges for sustained upward movement.