Why is Amber Enterp. falling/rising?

As of 17-Jul, Amber Enterprises India Ltd is experiencing a slight decline in its stock price, currently at 7,598.00, with a change of -0.8 (-0.01%). The stock has been losing value for the last two days, resulting in a total drop of -3.02% during this period. Despite this recent downturn, the stock has shown strong performance over the past month, with a return of +16.31%. The company has demonstrated robust fundamentals, including a low Debt to EBITDA ratio of 1.29 times and a healthy annual growth rate in Net Sales of 20.27%. Additionally, it has consistently reported positive results over the last four quarters, contributing to its strong institutional holdings at 46.47%. However, the stock is considered to have an expensive valuation with a ROCE of 15.3 and a PEG ratio of 1.3, which may be causing some investor hesitation.
In the broader market context, the stock's short-term performance has lagged behind the benchmark, with a -1.91% return over the past week compared to the Sensex's -1.12%. While the stock has outperformed the benchmark in the longer term, generating a return of +66.99% over the past year, the recent decline may reflect market corrections or profit-taking by investors after a significant rally. The liquidity of the stock remains strong, with a delivery volume increase of 9.78% against the 5-day average, indicating ongoing interest from investors despite the recent price drop.