Why is Amber Enterp. falling/rising?

As of 08-Aug, Amber Enterprises India Ltd is experiencing a decline in its stock price, currently at Rs 7,364.65, down by Rs 416.15 or 5.35%. The stock has underperformed in the short term, with a 6.40% drop over the past week, while the benchmark Sensex has only decreased by 0.92%. Today's trading saw the stock touch an intraday low of Rs 7,280.65, indicating significant selling pressure, and the volume traded was notably lower than the average, suggesting a decrease in investor participation. Despite these challenges, the company has shown strong fundamentals, including a low Debt to EBITDA ratio and consistent positive results over the last five quarters, which could support its long-term growth potential.
In the broader market context, the Consumer Durables - Electronics sector has fallen by 7.34%, indicating a challenging environment for companies within this space. While Amber Enterprises has outperformed the sector today by 2.05%, its year-to-date performance is slightly negative at -0.40%, contrasting with the Sensex's positive return of 2.20% in the same period. The stock's long-term performance remains robust, with a 67.42% increase over the past year, significantly outpacing the benchmark's 1.23% gain. However, the current decline may reflect broader sectoral weaknesses and reduced investor confidence, despite the company's strong operational metrics and institutional support.