Why is Amber Enterp. falling/rising?

As of 05-Sep, Amber Enterprises India Ltd is experiencing a price increase, currently at Rs 7,788.50, reflecting a rise of 108.5 points or 1.41%. The stock has shown strong performance today, outperforming its sector by 1.42% and has gained consecutively for the last seven days, accumulating a total return of 7.75% during this period. Additionally, the stock is trading close to its 52-week high, just 4.95% away from Rs 8,174.4. The company has demonstrated robust financial health with a low Debt to EBITDA ratio of 1.29 times, consistent positive results over the last five quarters, and impressive growth in net sales and operating profit. However, there is a noted decline in investor participation, with delivery volume dropping by 18.46% against the five-day average.
In the broader market context, Amber Enterprises has outperformed the Sensex over the past week, with a return of 7.05% compared to the benchmark's 1.13%. Year-to-date, the stock has also outperformed the Sensex, yielding a return of 5.33% against the benchmark's 3.29%. Despite the positive momentum, the stock's valuation appears expensive with a ROCE of 15.3 and a PEG ratio of 1.4, indicating that while the stock has performed well, it may be trading at a premium compared to its peers. Overall, the combination of strong financial performance, consistent returns, and recent price movements contribute to the stock's rising trajectory, despite some concerns regarding liquidity and valuation.