Why is Amber Enterp. falling/rising?

As of 28-Jul, Amber Enterprises India Ltd is experiencing a price increase, currently at Rs 7,462.00, reflecting a rise of Rs 196.2 or 2.7%. The stock has shown strong performance today, outperforming its sector by 2.74% and reaching an intraday high of Rs 7,494, which is a 3.14% increase. Over the past month, the stock has gained 8.96%, contrasting with a decline of 3.77% in the benchmark Sensex. The company has demonstrated robust fundamentals, with a low Debt to EBITDA ratio of 1.29 times and a significant 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 market performance.
Broader Market Context: In the short term, Amber Enterprises has outperformed the benchmark, with a slight decline of 0.11% over the past week compared to a more significant drop of 1.59% in the Sensex. This trend indicates that while the broader market is facing challenges, Amber Enterprises is managing to maintain investor confidence, likely due to its high institutional holdings of 46.41% and its position as the second-largest company in its sector. The stock's long-term performance has also been impressive, with a 69.59% return over the past year, further solidifying its appeal to investors amidst a fluctuating market environment.