Why is Amber Enterp. falling/rising?

As of 26-Jun, Amber Enterprises India Ltd is currently priced at 6,808.25, reflecting a decrease of 47.25 points, or 0.69%. The stock has recently underperformed its sector by 1.29% and has experienced a trend reversal, falling after four consecutive days of gains. Despite this decline, the stock has shown strong performance over the past week and month, with returns of 5.76% and 5.93%, respectively. The company has demonstrated a solid ability to service debt, evidenced by a low Debt to EBITDA ratio of 1.29 times, and has reported healthy long-term growth with net sales increasing at an annual rate of 20.27%. Additionally, the stock has generated a remarkable return of 59.80% over the past year, significantly outperforming the market benchmark.
In the broader market context, Amber Enterprises has outperformed the Sensex over the past week and month, which saw returns of 2.94% and 1.92%, respectively. However, the stock's year-to-date performance is down by 7.92%, contrasting with the Sensex's gain of 7.19%. The recent decline in stock price may be attributed to its expensive valuation, with a high enterprise value to capital employed ratio of 6.9, despite trading at a discount compared to peers. The stock's liquidity remains strong, with a delivery volume increase of 5.84% against the five-day average, indicating continued investor interest. Overall, while the stock has shown impressive long-term growth and strong institutional backing, recent price movements reflect a combination of profit-taking and valuation concerns.