Why is Guj. Ambuja Exp falling/rising?

As of 04-Jul, Gujarat Ambuja Exports Ltd is experiencing a slight increase in its stock price, currently at 111.60, reflecting a change of 0.55 or 0.5% upward. The stock has shown a consecutive gain over the last two days, with a total return of 1.36% during this period. However, it has underperformed in the longer term, with a year-to-date return of -10.36% and a one-year return of -20.17%. The stock's performance today has outpaced its sector by 0.61%, but it is trading below its longer-term moving averages, indicating mixed signals. Additionally, the company has a low Debt to Equity ratio and an attractive valuation with a Price to Book Value of 1.7, but it has faced declining profits, with a -27.9% drop over the past year, contributing to a generally negative outlook.
In the broader market context, the stock's short-term performance has been better than the benchmark, as it has outperformed the Sensex, which has declined by -0.74% over the past week. Despite being the largest company in its sector, Gujarat Ambuja Exports has seen a significant drop in investor participation, with delivery volume falling by -56.95% against the five-day average. This lack of confidence is further reflected in the minimal stake held by domestic mutual funds, which may indicate discomfort with the stock's current price or business fundamentals. Overall, while there is a slight uptick in the stock price, the long-term growth prospects remain poor, with consistent underperformance against benchmarks over the last three years.