Why is Amber Enterp. falling/rising?

As of 15-Sep, Amber Enterprises India Ltd is experiencing a price increase, currently at Rs 8,078.00, reflecting a rise of Rs 162.95 or 2.06%. The stock has shown strong performance recently, gaining 8.19% over the past week and 17.21% over the last month. It is also close to its 52-week high, just 1.19% away from Rs 8,174.4. The stock has outperformed its sector by 2.56% today and has been on a consecutive gain streak for the last five days. Despite a slight decline in investor participation, indicated by a 16.58% drop in delivery volume, the stock remains liquid enough for trading. The company's strong fundamentals, including a low Debt to EBITDA ratio of 1.29 times and consistent positive results over the last five quarters, contribute to investor confidence and support the stock's upward movement.
In the broader market context, Amber Enterprises has significantly outperformed the benchmark Sensex, which has only risen by 1.24% over the past week, while Amber's returns stand at 8.19%. The company's impressive long-term growth, with net sales increasing at an annual rate of 29.84% and operating profit at 42.63%, further enhances its attractiveness to investors. Additionally, high institutional holdings at 46.41% suggest that knowledgeable investors are backing the stock, which can positively influence its price trajectory. However, it is worth noting that the stock's valuation appears expensive with a ROCE of 15.3 and a PEG ratio of 1.4, indicating potential risks if the growth does not continue as expected.