Why is Amber Enterp. falling/rising?

As of 22-Jul, Amber Enterprises India Ltd is experiencing a decline in its stock price, currently at 7,366.55, reflecting a decrease of 103.45 points or 1.38%. The stock has been on a downward trend, losing 5.97% over the past week and has fallen for the last five consecutive days. Despite this recent decline, the company has shown strong long-term growth, with a 73.22% increase in stock value over the past year and a significant annual sales growth rate of 20.27%. The company has also maintained a low Debt to EBITDA ratio of 1.29, indicating a strong ability to service its debt, and has reported positive results for the last four consecutive quarters. However, the stock is currently perceived as expensive with a high Enterprise value to Capital Employed ratio, which may contribute to the recent price drop.
In the broader market context, Amber Enterprises' short-term performance has significantly underperformed compared to the benchmark Sensex, which has only declined by 0.47% over the same week. While the stock has outperformed the benchmark in the long term, the recent negative momentum could be attributed to market sentiment and valuation concerns. The rising investor participation, indicated by a 19.84% increase in delivery volume, suggests that there may still be interest in the stock despite its recent price decline. Overall, the combination of short-term losses and high valuation metrics appears to be influencing the stock's current downward trajectory.