Why is Ambuja Cements falling/rising?

As of 05-Aug, Ambuja Cements Ltd is experiencing a decline in its stock price, currently at 602.10, which reflects a decrease of 3.0 points or 0.5%. The stock has underperformed its sector by 0.48% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 0.96% during this period. Despite having a strong performance in the longer term, with a year-to-date increase of 12.44%, the stock has faced challenges recently, including a significant drop in delivery volume by 60.82% compared to the 5-day average. The company maintains a low debt-to-equity ratio and has reported positive financial results, including a 40.20% growth in profit before tax and record net sales, which suggests underlying strength despite the current price decline.
Broader market context indicates that while Ambuja Cements has shown a positive return of 1.24% over the past month, it has underperformed the benchmark Sensex, which has declined by 3.26% in the same timeframe. This suggests that the broader market conditions may be affecting investor sentiment. The stock's performance over the last week has also been negative at -1.30%, compared to the Sensex's smaller decline of -0.77%, indicating a relative weakness in Ambuja Cements amidst a generally declining market. High institutional holdings at 26.14% may provide some stability, as these investors typically have better resources to analyze the company's fundamentals, but the recent drop in investor participation could be a concern for future performance.