Why is Amber Enterp. falling/rising?

As of 23-Sep, Amber Enterprises India Ltd is experiencing a slight decline in its stock price, currently at Rs 8,300.00, which reflects a decrease of 7.85 points or 0.09%. Despite this minor drop, the stock has shown strong performance over the past month with a return of 14.42%, significantly outperforming the Sensex, which only gained 0.98%. The stock is currently trading close to its 52-week high, just 1.08% away from Rs 8,389.45. However, it has underperformed its sector by 0.26% today and has seen a trend reversal after two consecutive days of gains. Additionally, there has been a notable decline in investor participation, with delivery volume dropping by 56.88% compared to the 5-day average, which may contribute to the current price movement.
In the broader market context, Amber Enterprises has outperformed the Sensex over various time frames, including a remarkable 66.21% return over the past year compared to the Sensex's decline of 3.33%. This strong performance is supported by the company's healthy financial metrics, such as a low Debt to EBITDA ratio and consistent growth in net sales and operating profit. However, the stock's valuation appears expensive, with a high Enterprise value to Capital Employed ratio 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 earnings growth. This combination of strong fundamentals and high valuation could be influencing investor sentiment and contributing to the recent price decline.