Why is Ambuja Cements falling/rising?

As of 20-Aug, Ambuja Cements Ltd is experiencing a decline in its stock price, currently at 591.60, which reflects a decrease of 1.05 or 0.18%. Today's price summary indicates that the stock has underperformed its sector by 0.44% and has fallen after two consecutive days of gains. The stock has traded within a narrow range of Rs 4.6, and there has been a notable decrease in investor participation, with delivery volume dropping by 17.87% compared to the five-day average. Despite this, the stock has shown positive performance over the year-to-date with a return of 10.48%, although it has underperformed over the past month with a decline of 0.74%. The company maintains a low debt-to-equity ratio and has reported strong financial results, including a 40.20% growth in profit before tax and record net sales, which could support its valuation despite the recent price drop.
In the broader market context, Ambuja Cements' short-term performance over the past week shows a return of 1.88%, which outpaces the Sensex's return of 1.64%. However, the stock's one-month performance is less favorable compared to the benchmark, indicating a potential shift in investor sentiment. The high institutional holdings at 26.14% suggest that informed investors are backing the company, which may provide some stability. Nonetheless, the recent decline in stock price amidst strong fundamentals indicates that market dynamics and investor behavior are currently influencing the stock's movement more than its underlying financial health.