Why is Ambuja Cements falling/rising?

As of 07-Jul, Ambuja Cements Ltd is currently priced at 592.00, reflecting a decrease of 2.7, or 0.45%. Despite this decline, the stock has shown positive performance in the past week, with a return of 2.64%, outperforming the Sensex, which fell by 0.20%. Over the past month, Ambuja Cements has increased by 6.60%, while the Sensex has gained 1.53%. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. However, there has been a decline in investor participation, with delivery volume falling by 6.15% against the 5-day average. The company benefits from a low debt-to-equity ratio and strong financial results, including a 43.31% growth in PAT for the nine months ending March 25, and the highest quarterly net sales and PBDIT recorded.
In the broader market context, Ambuja Cements has outperformed the benchmark in the short term, with a 1-week return that exceeds that of the Sensex. The stock's year-to-date performance is also strong, showing a 10.55% increase compared to the Sensex's 6.79%. The high institutional holdings at 25.91% suggest that knowledgeable investors are backing the stock, which may provide some stability despite the recent price drop. Overall, while the stock is currently experiencing a slight decline, its strong fundamentals and recent performance metrics indicate a resilient position in the market.